GBPUSD CLOSED AT FEW CERTAIN PRICES THAT MIGHT BE THE POSSIBILTIES FOR PRICES REJECTED AND MAKE A REVERSAL POINT:
1. IT HAD REACHED THE TRENDLINE THAT I HAD BEEN MARK BEFORE
2. CLOSED THE GAP AS I MARK AT WHITE RECTANGLE
3. CLOSED AT LOWEST POINT ON 1/1/2009
POINT TO ENTRY IS :
1) MARK HORIZONTAL LINE AT LOWEST LAST WEEK 1.34879 . WAIT FOR THE REJECTION AT THAT ENTRY AREA. IF REJECT YOU MAY PROCEED ON THE PLAN. IT IS REMARKABLE
2. 1.35826 IS THE HIGHEST DAILY. WAIT FOR THE BREAKOUT. SUCH AS PRICE ACTION IS FORM.
3. THE BEST IS TO WAIT FOR THE SECOND RETEST. AND MIGHT BE IT WAS THE TRUE DIRECTION FOR SWING
1. IT HAD REACHED THE TRENDLINE THAT I HAD BEEN MARK BEFORE
2. CLOSED THE GAP AS I MARK AT WHITE RECTANGLE
3. CLOSED AT LOWEST POINT ON 1/1/2009
POINT TO ENTRY IS :
1) MARK HORIZONTAL LINE AT LOWEST LAST WEEK 1.34879 . WAIT FOR THE REJECTION AT THAT ENTRY AREA. IF REJECT YOU MAY PROCEED ON THE PLAN. IT IS REMARKABLE
2. 1.35826 IS THE HIGHEST DAILY. WAIT FOR THE BREAKOUT. SUCH AS PRICE ACTION IS FORM.
3. THE BEST IS TO WAIT FOR THE SECOND RETEST. AND MIGHT BE IT WAS THE TRUE DIRECTION FOR SWING