DanV
Long

GBPUSD - A Perfect Trap for the "BEARS"

FX:GBPUSD   British Pound/U.S. Dollar
397 10 2
Longer term (12 months view) GBPUSD             is headed up. If AB=CD measured move from May 2010 hold then it could be we could achieve 1.78. In the intermediate term the strong up trend will gain momentum to the upside with relatively minor pull back (only normal retracements in generally (up trending market). There are many computer generated harmonic traders and they should take note, lest be caught on the wrong side. For additional perspective, check out my VIX             Index , & Dollar Index             Charts. Happy trading
StockFxMarket
4 years ago
 look this
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DanV MOD StockFxMarket
4 years ago
Agreed. probably will break out of the declining trend line. Over the indeterminate term I think it is going lot higher
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StockFxMarket DanV
4 years ago
Agreed about this break out i expect it.when make another long :)
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DanV MOD
3 years ago
This chart proved very profitable and made to the target identified though took little longer than initially shown on the chart nevertheless good uptrend I am sure you will agree.
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Abe C
3 years ago
This makes no sense
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DanV MOD Abe C
3 years ago
Well the chart was published 3 months or so ago. It outlined bullish longer term action from GBPUSD and didn't rise as steeply as shown on the chart but 1.62 -1.63 was met without significance trend change in the interim. So I am well pleased. Not sure why you are not. But will post new chart later. Thanks for you view anyway.
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