GBPJPY looking to short again, waiting for bounce. GJ down more?

Jun 12, 2018

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

Jun 12, 2018

Note

GJ looking fearful of that triple Fib zone just above.
I may have to fomo short, but will wait 5 minutes for GBP news.

Jun 12, 2018

Note

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....

Jun 12, 2018

Note

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:

Jun 13, 2018

Note

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.

Jun 13, 2018

Note

Oops, I meant to type the ''5.618'' not 4.618.
Thus I am hoping to short at the 5.618 around 149.20