GBPJPY looking to short again, waiting for bounce. GJ down more?
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Currently watching for this possibility.
All Fibs and EW counts point to it.
It will need to break above at 4.0 fib with gusto, or I might short there
All Fibs and EW counts point to it.
It will need to break above at 4.0 fib with gusto, or I might short there
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GJ looking fearful of that triple Fib zone just above.I may have to fomo short, but will wait 5 minutes for GBP news.
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Pretty clear rejection.But I am expecting USDJPY to go up soon.
So I can not short GJ right now, but watching UJ for clues....
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That's it, Shorts FIRED!GU is failing, UJ still holding but I think GJ will drop now.
Lets see how it goes.... GU chart:
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I did take a small scalp per two pics above.Now I am waiting for UK news in 8 hours.
Hoping for mildly good news to give bulls courage to push to the 4.618
I think that is still quite plausible, given the bullish signs thus far.
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Oops, I meant to type the ''5.618'' not 4.618.Thus I am hoping to short at the 5.618 around 149.20
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