Timing is key

GU (60) Median Line Idea with key zones

FX:GBPUSD   British Pound / U.S. Dollar
407 6 9
This Idea graphically demonstrates various zones as price naturally heads down, towards the 2 RED Median Lines. If prices break down and ZOOM through these lines it will show weakness and a continuation, However prices may touch or miss these lines in which case it will show strength towards the target zone.
Could you please explain how exactly you drew the line separating the strong and very strong region? I understood the ML1, ML2 and hagopian which is common for both.
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momentum115 momentum115
Ah, i see it now, its a sliding parallel for ML1, the slopes are still working, your analysis is very interesting. Thanks!
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Timing is key momentum115
Great to see you picked that up:)
Sincerely,
TIK
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Ok, and where exactly will you enter?
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Timing is key vlad.adrian
Hello Vlad.adrian,

For long position I am looking initially at 167400 as it was set 11 June 04 as it was good breakout level, it needs to REACT on one or both median lines around 167400 for me to look at an entry as we are in free fall at the moment. The next level is major low 167000. Upper level for short is 168150 good solid area....again it needs to ALSO HIT any one of my existing or newly formed reaction lines......... I always drill into 15 Minute chart when I'm close as I have specific rule set for entry.

Thankyou for your reply,

PS: I do like your methodology, nice charts!
+1 Reply
vlad.adrian Timing is key
Thank you
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