May 20

Waiting for an opportunity on the GPB/JPY (Geppy)

Time: 00:51 - Tags: misc

 I see a descending Triangle @ the geppy daily chart ->

THOSE ARROWS only show what my mind is painting as the most probable outcome..this is not any plan yet..NOBODY knows what will happen..

 

GPBJPY Daily

 

 

and another descending triangle on the 4H Chart ->

The arrow to the upside is more appealing to me because geppy hasn`t finished its upwards movement, to complete the next movement forming the daily triangle..obviously the potential in pips is double then on an downwards movement.

GPBJPY

 

But we`ll never know what the future brings..

We will wait and watch the price action when and if a breakout occurs.

The mark waiting for some input and the Bulls and the Bears have still to fight this battle.

 

 

 

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