Let's try to take advantage of the massive move...

FX:GBPUSD   British Pound / U.S. Dollar
461 7 37
Order cancelled: Unfortunately, we missed this trade by a few pips
Just curious, does the daily candle with a long tail give you any concern? In terms of price action i mean. Just digging your brain for thoughts.
+1 Reply
I can not give you a simple answer to this Q
It depends on the market structure

can someone please explain what is a level 4 signal?

Many Thanks!
gbpusd is going to fall to 1.13 area(that is 1.618 % fib extension of wave one (from 1.718 ---1.4534,,,a typical wave 3 runs min 1.618% then a pull back to 1.3 area (.382% fib of entire wave 3 is expected then a 5th and final wave will take pound to below .97 yes pound is the weakest among all other pairs ,,,similarly usdcad euro all going to get crushed by dollar strenthening .Dollar index is heading to 103(currently abtt 96.5) oil is likely to hit 55$ to 57 then crushed towards 10 $

+1 Reply
thulasi thulasi
usdcad heading to 1.43 then a 4th wave pull back to 1.36 then 5th and final wave to 1.54
euro will go par or even lower to usd
this is not a cad chart
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