FX:GBPUSD   British Pound / U.S. Dollar
307 29 1
nuff said.
Please see my 4hr view - I'll start selling with you now that I've lost interest in AUD/USD :)
Short term chart I posted a month ago.

there is also a variation on this in that after 2008 w3 crash there was a zig zag of abc. So instead of where i have labelled wave 4 that should be w2 of larger 5. either way folks... beat the bear drums! the toughest part is getting in on a shorter time frame without being whipsawed to shreds. so even if we are 99% certain of what to expect, we can still lose :)
True! The whipsaws are viiolent lately.
Monk KevinT
i just want to short but i cant!! so annoying... im looking for a push higher and for it to stall around 1.55 or 1.56 ish...
Monk KevinT
what i'll do is count the waves up from where we are and when i see what i think is a 5th wave in a supply area with a few oscillators at overbought, that's when i'll enter
I have too little knowledge about waves. But what I see now is the lower Fib offers excellent support. For short term, better wait for 1.572 area to short.
Monk KevinT
go to the chat area... ive posted some charts there which relate to 1.572... let me know what you think...
Yes, I see you've been really bussy. It's 01:56 here now. My head isn't clear enoug to digest that stuff. Will look at it tomorrow.
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