Caipora
Long

GBPUSD 25SET2016 NEXT MONTHS

OANDA:GBPUSD   GBP/USD
315 4 11
This is my plan for next months on GU.
It has been calculated based on the Monthly and Quarter chart with Prorelatime.com data.
Price is not expected to be Lower now as it hits a level down very sharply and didn't break it.
In my system that means it was a target.
Next Monday or Tuesday price should have a Low at 1,29570 as this point will be used as a Daily support.
For this plan to work, the price must be above or equal 1.29830 at the end of month, as I expect that this level will be next Quarter Low.
All those Green/Blue lines are the levels for this wave and should be used as S/R as price tends to jump between.
I will update with minor waves and the corresponding best places to entry/exit as soon as forms the first impulse waves.
Any questions please fell free to contact me, usually you can find me on Forex Chat of Tradingview.com
Good luck and all the best.

P.S. Soon I will start to share my thoughts via Twitter, don't know yet if exclusively or not.


General Notes
These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately because server is not sync with UTC.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Of course this is a personal and original idea and not bulletproof, so don't blame me if it doesn't work. :-)
:)
Reply
Hi, Great analysis on GU.

Are you already long?

If not, what's your entry price going to be?

Thanks
Reply
I will wait for Singapore confirms 1.2957 as support.
Reply
rsigna Caipora
Isn't it at supoort now?
Reply
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