Some of my forecasts

[4xpipcounter]

Eur/jpy

Another inraday reversal is coming, but it will be contained above the weekly cloud currently at 113.38.

 

[4xpipcounter]

Gbp/jpy

This pair just climbed 932 points in 30 hours. Now, it's time to correct a chunk of that move

 

[4xpipcounter]

Re: Eur/jpy

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All it took was that one 4-hour candle as it corrected to 113.54.

Another inraday reversal is coming, but it will be contained above the weekly cloud currently at 113.38.

 

[4xpipcounter]

Re: Gbp/jpy

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Very similar was the GBP/JPY. t took the the one 4-hour candle to correct 205 points from the 132.48 peak

This pair just climbed 932 points in 30 hours. Now, it's time to correct a chunk of that move

 

[k.raaja]

dear 4xpipcounter... when candle close is inside the cloud... then what will be our move..

 

[4xpipcounter]

K.raaja, let me state the rule, and be aware there are exceptions. When the candle closes at one end, it will got through the cloud and hit the other end.

Concerning the EUR/JPY, it has straddled the bottom of the cloud for 3 consecutive weeks, which means it is indecisive of the direction it wants to take, and most likely next week will be the 4th consecutive week, as I see the markets dropping back to at least the 112's. We need to see a break into the 116's in order to break the indecisiveness and bring some directional conviction.

dear 4xpipcounter... when candle close is inside the cloud... then what will be our move..

 

[4xpipcounter]

Eur/usd

The pair is getting real close to the 1.4189 mark. It will be that circa area we get the reversal I have been talking about.

 

[4xpipcounter]

Gbp/usd

There is a cluster event at 1.6265--84 that is waiting to reverse the direction for this pair.

 

[k.raaja]

K.raaja, let me state the rule, and be aware there are exceptions. When the candle closes at one end, it will got through the cloud and hit the other end.

Concerning the EUR/JPY, it has straddled the bottom of the cloud for 3 consecutive weeks, which means it is indecisive of the direction it wants to take, and most likely next week will be the 4th consecutive week, as I see the markets dropping back to at least the 112's. We need to see a break into the 116's in order to break the indecisiveness and bring some directional conviction.

thank you 4xpipcounter, for clear explanation..:clapping:

 

[k.raaja]

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