Looks like pound comleted a big corrective structure. (wave 4 red) It means, that buy targets may be already reached. and it's time to look for SELL opportunities! 1.2683 is 61.8% of wave A(yellow), possible end of final wave C(yellow). Now wave C (1-2-3-4-5) structure is close to be broken. Here is close look. this breakout should confirm the begining of a long time BEAR market. LONG TERM SELL targets are: 1.17; 1.11; 1.01. Keep an eye on it!!! Don't miss a BIG move DOWN!
Giao dịch đang hoạt động
⋅
currently market corrects 2feb-3feb fall.
Giao dịch đang hoạt động
⋅
Breakout is done. flag is formed or still been forming. watch it! dont miss this SELL!
Bình luận
⋅
GBP currently performs correction pattern. Wait for pointed targets to be reached. then wait for breakout of wave's c trendline to sell it.
Giao dịch đang hoạt động
⋅
looks like flat pattern corrected 38% of 7th feb 5:05-11:20 move.
Bình luận
⋅
be cautious with gbp next 2-3 days. my sell call caught 150 pips decline move. now gbp needs to form some correction pattern. levels to watch: market listens to BOE, brexit execution news. to short gbp we need a clear corretion pattern, which should be formed in 2-3 days.
Bình luận
⋅
GBP is worth to look at. now wave c is 38% of wave a but wave b corrected only smth like 32% of a. (it should corrected at least 38 to be good) maybe it nice sell point. with sl beyond local top.
Bình luận
⋅
GBP corrected 61.8% of 2feb-7feb bear market and start falling. LONG TERM SELL targets are: 1.17; 1.11; 1.01.
Bình luận
⋅
gu still looks mostly unclear in s-term and m-term possible scenario. s-term buy targets: 1.2528; 1.2618
Bình luận
⋅
1st s-term buy target is 95% reached (1.2528) actual price was 1.2523
Giao dịch đang hoạt động
⋅
looks like long-term SELL is actual. wave 1 is corrected by ABC (as predicted - 1.2528 buy target) wave 1 (blue) might be a part of a diagonal of greater dergee. purple abc(lesser degree) was formed and broken. watch it. long term targets are: 1.17; 1.11; 1.01
Giao dịch đang hoạt động
⋅
possible sell opportunity R/R ratio is 4.5
Bình luận
⋅
gbp price action is far from being perfect. if wave 2 is done, price should move to 1.238 if not, thehe is a possibility of upside move. (targets: 1.2528; 1.2618) I'm not confident. it's too much unclear for me. looks like consolidation is still in progress. be cautious.
Bình luận
⋅
finally I see smth intersting in GBP! looks like correction is formed. inside wave C: wave 5 is 161.8% of of wave 1 (1.2570) watch this breakout to SELL. l-term targets are: 1.17; 1.11; 1.01.
Giao dịch đang hoạt động
⋅
trendile was broken. gbp might resume fall or make a correction pattern 1st and then move down sharp! watch it! it's very interesting now! LONG TERM SELL targets are: 1.17; 1.11; 1.01.
Bình luận
⋅
wave (1) is formed wave 5 = wave 1 wave (2) unfolds. wait for correction. I expect a good sell opportunity on next day.
Bình luận
⋅
possible expanding triangle watch breakout
Giao dịch đang hoạt động
⋅
GBP has broken triangle.
Bình luận
⋅
Bình luận
⋅
Bình luận
⋅
looks like resell point
Bình luận
⋅
short term targets
Bình luận
⋅
updated targets
Bình luận
⋅
1,22417 (61.8% target) is reached.
Giao dịch đang hoạt động
⋅
re-sell point
Bình luận
⋅
looks like wave (3) or 1 (yellow) is formed and trendline is broken. so gbpusd needs to be corrected.
Giao dịch được đóng thủ công
⋅
2 feb - 3 mar bear/sideways market looks like ABC correction. (C)=(A) I expect 2 waves up in m-term before l-term bear market unfolds. m-term buy targets: 1.31 and 1.38. s-term buy targets: 1.2656, 1.2928 and 1.3369 GBP long term sell opportunity will occur in future (maybe in late May).