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No7855
Oct 27, 2016 9:25 AM

If you let me come I will do more, the magic 1.618 Long

British Pound/Australian DollarFXCM

Description

If you let me come I will do more, the magic of 1.618, combined with the pound sterling and the Australian dollar's trend to operate should be able to continue to do more, I am short of the Australian dollar is the reason. To see if there is no chance to come to a single.
Comments
tomj2417
Same technique applied to GBPUSD shows it respecting 3 Fibonacci levels. My question is will the Pound head further down to respect the 2.61 Fib at 1.03?
No7855
No7855
@tomj2417, My English rarely, so you say these are I use translation software, the effect is not very good, a lot of content cannot read what I think is, the pound fell space has been very effective, after several rounds of sharp decline, it is a bottom of the stage, looking for opportunities to do more should be is a very good choice, of course, the location is very important, of course, is at the bottom of a range, rather than a certain point in the vicinity of the bottom position before long I think it is safe, certainly not the correct rate of one hundred percent, it is important to execution,Especially stop, what is important to keep Benjinbi.
tomj2417
Interesting chart and technique. Thanks for posting.
EASYCHUA99
short term not so high ,
1.6450 TP1
1.6680 TP2
No7855
I don't like to play short, very tired.
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