GBPUSD is going down a bit and then heading back up! Long

British Pound/U.S. DollarFXCM

Description

⋅ Jun 25, 2014 5:17 PM

Idea is based on a combination of Elliot Wave theory and median analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good Luck!

USD (US Dollar)Elliott Wave medianlines Pitchforks Schiff Pitchfork rsi_divergence Relative Strength Index (RSI)

Comments

NQunlocked

⋅ Jun 26, 2014 12:08 PM

Hi GohSam, please look at this

Sam0101

⋅ Jun 26, 2014 11:28 AM

So from the price now 1.7025, it will land to 1.69125?