GBPJPY scenario analysis

5 May 2018

Case A.
run in 12 bars 18d to 152.38 area

Case B.
run in 29 bars 41 d to 151.47 area

Case C.
Drop and can break 147.29 area will meet again 142.81 area

I would like to see Case B.
Let's see which case it can happens

^^

7 May 2018

Not

look like GJ try to drop to my red line support around 146.99 - 147.2
may check it can stoparound this or break down to Case C
Now I follow sell

7 May 2018

Not

GJ can break low and heading up to Case A. or B.

9 May 2018

Not

Nearly to touch 146.9 and it formation double bottom on yesterday
heading to plan A , B

18 May 2018

Not

many friend text to my inbox ask about GJ why not update or shrt term trade idea.
because It still in this plan .
as i told on May 5 ,2018 it will be go like Case B
so only keep it until more than 150 and decision to take partial profit and let it run as plan.