$GBPJPY 04 Nov 2010

Let's have a look at the beast, $GBPJPY.  I see some confluences of Fib levels, resistance levels and harmonic pattern formation. I am interested in getting in some shorts around 131.80 level or slightly above this level. Let's see..

Setup

Here is the.... CHART!

$GBPJPY 04 Nov 2010

Trade update

No update at the moment, come back later.

END

Comments

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  1. Gav (Trader Gav) — Trackback
    Interesting levels coming up for $GBPJPY http://bit.ly/9hnANs
  2. JS — Trackback
    RT @tradergav: Interesting levels coming up for $GBPJPY http://bit.ly/9hnANs
  3. Forex Candlesticks — Trackback
    $GBPJPY 04 Nov 2010 | Gav's trading blog: Let's have a look at the beast, $GBPJPY. I see some confluences of Fib... http://bit.ly/9Chp7m