FX:GBPUSD   British Pound / U.S. Dollar
88 2 1
I've been following this fork for some time and I just can't believe how perfectly it describes current price action. Exactly the same overshoot as the undershoot, nice touches at the parallels, etc. At the moment we may be short but long-term it's in an up trend.
Don't you think that there will be a larg correction after the overshoot at least as you saw it at the downside?
Reply
ForceFollower motleifaul
Right. Price might like to return to balance, ie. the median line - that would actually make the up trend much weaker. But first let it get to the thin trend line, we'll see how it responds to it.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out