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TraderAvDM
Apr 25, 2019 2:12 PM

MIRROR LEVELS: Very Interesting set-up in the Chart 

British Pound/U.S. DollarFXCM

Description

This is a very interesting chart. I made this chart way back in February when Pound started rallying. Back then it helped me predict the peak around 1.3350.
However, I didn't pay too much emphasis on this chart.
Even in March, it helped me predict the Peak.
Now, if you notice, as per this "interesting chart", the LOW is around 1.2870. And well, price has managed to bounce once again.
So, if this works like it did in the previous times, we can see a rally upto 1.3550 in the next couple of months and probably, we have seen the lows.
Comments
InvestingScope
Thanks for sharing this on our post. Returning the act:

TraderAvDM
@InvestingScope, Thank you :)
MomentumTradeWA
interesting indeed!
thats what i call chart art :D

I am also long gbpusd, as there is a inverse head and shoulders on the 1 hour time frame
TraderAvDM
@jamiemckeand, Thanks :D I'm looking to go long again provided price doesn't break last week's low
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