nikitafx
Short

GBP/USD target of Wave 5 (Nikita FX )

FX:GBPUSD   British Pound / U.S. Dollar
66 0 3
GBP/USD             is still going on with its larger Wave 5 (looks like being in Wave 5-sub-3-4-abcde).
4-E finished its top at 1.7191. Target of Wave 5 will be calculated with these two methods:

A:1.7191-(Fib.61.8% of Wave 3: 2.0397-1.3501)=1.2929

B:1.7191-(vertical width of Triangle: 1.7042-1.3785) x 1.272=1.3048

There will be only 119 pips between A & B. Let's say target is going to be approx. 1.3000

Nikita FX (http://climbingfx.jugem.jp/ )
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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