UnknownUnicorn11407972

UnknownUnicorn11407972

My prediction is it is due a retest, as oversold now and chance of upside movement temp. And if retest confirms downward trend, then potential drop. 1) Broken Strong support 2) Daily downtrend confirmed 3) Wait for retest before entering

UnknownUnicorn11407972

Hit the 1 day trend and bounced nicely. Wait for retest then huge drop to downside

UnknownUnicorn11407972

Commented below your thoughts, I love to hear what everyone generally thinks.

UnknownUnicorn11407972

Clear support, and a very strong one indeed. Bounced off several times. - Could break downwards, but would take a lot of bears to do so.

UnknownUnicorn11407972

Triple top, if holds and goes back down to 138.300 before 4hr candle closes, bears may take over.

UnknownUnicorn11407972

Sorry for chat layout, potential head and shoulders in play, which could lead to downside.

UnknownUnicorn11407972

Trade carefully - could be a nice set up for short term short here.

UnknownUnicorn11407972

Be careful as everything is looking great for a HUGE drop anytime soon, however GBPJPY pair can be dodgy. - 1 Day trend line respected and has been dropping nicely. - 4hr 38% Fib respected as resistance, and if holds, can carry on downwards. Thoughts?

UnknownUnicorn11407972

If breaks next fib line and 137.000 then we shall plummet. Keep a close eye 👁

UnknownUnicorn11407972

Wait for the retest and then if confirmed. Short all way down

UnknownUnicorn11407972 Updated 

Lots of Gain recently over news, and potential of a large drop / retest happening.