DrPrame

DrPrame

If Gold can calm up and make new high certainly that gold will continue rally very hard

DrPrame

sell GBPUSD as it already hit the resistance line!

DrPrame

expect a last kiss good bye of downtrend line and the rally should be continue after that

DrPrame

it hit the resistance and now should form retracement as aymmetry shoulder and then continue the rally

DrPrame

Some retracement should be occur here as a shoulder before going back to the top formation

DrPrame

now I believe it is going to be sideway for a while before choosing to bounce or to drop more likely is to bounce !

DrPrame

waiting for sell area around 145.3-145.5 if it hold you can do small scalping since it is likely to be a trend reversal

DrPrame

USDJPY is projecting to 112.100 for a kiss good bye of short term downtrend if it hold there is gonna be bounce at that area, but if not surely a big fall to the next support line

DrPrame

now projecting to 1.14300 as it already hit and form a reversal candle if this is not fake signal surely downtrend is going to break

DrPrame

Because short term uptrend is now broken

DrPrame

no buy or sell yet, just scalping while waiting for breakout!

DrPrame

Now we are going to the bottom, wait for buy entry

DrPrame

now it is sideway waiting for breakout from this box and trade the winner!

DrPrame

since GBPJPY is going for a huge drop from weakening GBP and also the share markets dump so this is what gonna go down hard and fast for the next couple of weeks guys

DrPrame

as for Gold is having a really big rejection at the key support area of 1240 so I think there might be some big bear coming since we are so overbought at the moment so let's see guys

DrPrame

I think there should be bottom for us to see again , but !! we will need to see if this bottom hold if not , we are going to fall to another support as because this is a very key support, but the bear is too hungry so beware for the bear!

DrPrame

I expect to see retracement as a Right shoulder before we continue the drop

DrPrame

I think the market will go for another dump, so beware of BIG DROP!