GBPJPY analysis - retracement completed??



chart 30 min - 3 pm Malaysia
hidden bearish divergence???
fibo 38.2% level acts as resistance???
let's pray London session push the beast downwards... [-o<

learn more about divergence at babypips

UPDATE: huhuhu... stubborn bulls..
the beast still went up...
hopefully the following set-up works this time..[-o<



chart h1 6.30 pm Malaysia
hidden bearish divergence again???
fibo 50% level(of two-day hi-lo) acts as resistance???

UPDATE II: price went down to 139.50 (potential of 290 pip gain)...
later it went up again to 143.00 due to the U.S. Stocks Rally

2 comments:

  • Salam gj trader, dari analisa dan pengalaman saudara, rasanya mkt close rally tu akan continue long atau akan short semula monday ni? major trend masih bearish? ada tips untuk membacanya? Tkasih.

    Lan

  • salam Lan,
    major trend masih bearish...
    masalahnya skrg terlampau banyak aspek fundamental yg "mengganggu" technical analysis..
    tentang gap hari isnin ni, tiada siapa dapat menjangkanya...
    tambahan pula tokyo cuti lak isnin ni..

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