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Bearish Middle Term GBPJPY start in June 2016

Main Indicator ::
  1. some I-regr mode 3 with various number of bars from 500 to 8
  2. Fibonacci Retracement
  3. Fibonacci Expansion

Support Indicator :
  • 4 Ma Channel

H4 Time Frame
I witdraw Fibonacci Retracement from 188.77 to 151.69 to see how far the bullish short term should go.
I saw in H4 time frame, bullish still in progress so at end of Mei 2016 GBP JPY should keep moving to break 162.54 to reach 165.78 or higher.. (FE 61.8 from 151.69 to 151.69 should be broken)
In Daily Time Frame we could see beari…
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USD JPY Forecast in Juni 2016.


I used many i-regr mode 3 with 500 bars to 8 in the setting to pursue the slowest to the fastest trend in every time frame. As the Supporting tools, I used 4 MA- Channel indicator. The slowest trend indicated by the light salmon colored trend line.
I saw at the Daily Time Frame above, USD JPY showed a bullish trend at the end of Mei 2016 since the value 2 of every i-regr is located above the latest low price (105.62). Based on the pattern made by i-regr mode 3 with 31 and 62 bars), the bullish…
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