FX:GBPCHF   British Pound/Swiss Franc
73 11 0
Thanks to ForceFollower I can proudly present this.
Frankly speaking, it looks like it will take some time.
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short short short
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Be cautious! Remember this:
Correction done...
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vaicru PRO motleifaul
You are right !! :)
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Thank you, motleifaul, for giving me the credit for this chart. I appreciate it. :-)
Anyway, I hope it works, as expected. :-) The only concern is that the frank got very strong, but regardless it's also strained and overbought... so it should work, esp. considering the rationale I provided in this thread:
Upward is upward
.
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I'm sorry, it has failed. I don't understand, why it resolved that way... Probably, the pound's strength was overstrained and it needed to relax somewhat. I've lost here and in GBPCAD.
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I think to buy it now ?
any thoughts ?
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motleifaul sound.shai
You are right, this seems possible from this level.
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motleifaul motleifaul
But I will will wait whether a test o fth e1.4720 will fail before going long again.
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however, correction is possible to 1.47689
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motleifaul sound.shai
You see, it's still lower. I was stopped out as well. I underestimated the magnetism of the medium line of the pitchfork. The mistake is clear now. My wavecount was not only to spekulative but also wrong obviousely. Another accident to learn from.
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