Auslanco GBPJPY Analysis

[auslanc]

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[Crap Buddist]

can you post an example without me having to sign up? so I can see what timescale you work with.

cheers

 

[Crap Buddist]

Cheers mate.

 

[auslanc]

Strong Downtrend

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[auslanc]

 

[auslanc]

Weak Downtrend

 

[auslanco]

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auslanco
Daily Forex Analysis

 

[auslanc]

Strong Downtrend

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.


Based on a pre-defined weighted trend formula for chart analysis, GBPJPY scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend)

 

[jacson101]

looking for consolidation and some support of equities at these levels to confirm retracement... a close above 215.00 could help the retracement cause.