GBPUSD wants to go to 1.3346 in order to make a 4th wave. However has a big problem @ 1.3123, so can't go from here to target. One solution and for me the most probable is to go up to 1.3123 and find support @ 1.2815.
In order to achieve 1.3123 and with those waves already made, it will go smooth if jumps from 1,2870, otherwise leads to a lot of confusion. Of course beside the big problem at .1.3123 will have others like 1.3183, as those two points could serve as excuse for the Bears go even lower, so watch out!
General Notes
These points could be passed a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, Singapore and NY- and also on News - the motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Of course this is a personal and original idea and not bulletproof, so don't go after me if it doesn't work. :-)
In order to achieve 1.3123 and with those waves already made, it will go smooth if jumps from 1,2870, otherwise leads to a lot of confusion. Of course beside the big problem at .1.3123 will have others like 1.3183, as those two points could serve as excuse for the Bears go even lower, so watch out!
General Notes
These points could be passed a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, Singapore and NY- and also on News - the motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Of course this is a personal and original idea and not bulletproof, so don't go after me if it doesn't work. :-)
