anilmangal
Long

GBPAUD waiting for a buy setup.

FX:GBPAUD   British Pound / Australian Dollar
8717 35 232
The GBPAUD             , like the GBPJPY             and GBPNZD             broke out of the down trend , I am waiting for confirmation to buy.
I will be looking at all these pairs today in my FREE webinar , please join me 9 am NY time . You can share the link with friends.
https://join.me/waveanalysis

Trade with care.
Thank you for your support.
Comment: Remember it is the quality of the charts posted this is of importance and not the quantity!
Comment: Free webinar in one hour , please share the link with a friend.
https://join.me/waveanalysis
Comment: Today's (25/4/16) free webinar recording.

https://www.youtube.com/watch?v=kcMac_fQUso
Comment:
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
maybe it was sane to place long entry order @ 1.88 price breach
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wow, good,
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There is almost no consolidation. Is this breakout still matching the structure in your mind?
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so does this now mean, we are still waiting for the consolidation?
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Why not add some fundamental analysis to your trading? Today's Aussie CPI release was the best predictor of the breakout forecasted in your chart.
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anilmangal tokyotiger
I do not look at fundamentals, since there is no way i can tell how the market will react to it , What I do know is if I see a certain structure there is a 90% chance it will behave in a certain way! As you can see my forecast was way before the news event and not after the fact!
+1 Reply
leeeon anilmangal
Are you in the trade or still wair for the retracement? Great analysis by the way!
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buy now?
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Can anyone advise if this is considered a breakout of the consolidation or is this just a larger consolidation? I only ask as it seems to have happened so quickly in comparison to Anil's predicted duration of consolidation.
+1 Reply
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