Gnosis shows an end of a quantum cycle with a beautiful 'AB(1-5)C:wick' pattern correction with an imbeded WXY (i love to work with WXY because it add precision).
Back from 0.50ish yeasterday and now at 61 already, Gno shows what we call a wick (fast dip and fast recovery). After consolidation at 0.60 lvl for a certain anterior time, all GNO indicators showing strong bullish pattern .
So bullish indicators :
end of ABC WXY imbeded cycle/major I-II pattern annoucing the start of a new cycle
Bullish wick
Consolidation at fibo 1
projected minor 1-5 elliot wave gonna form a cup and handle pattern for the major III
Parabolic value ( smaller and smaller new lows)
Small volume needed to reach fibo 0.786
Short term target : 140
Mid term : 280
Long term : 700
Back from 0.50ish yeasterday and now at 61 already, Gno shows what we call a wick (fast dip and fast recovery). After consolidation at 0.60 lvl for a certain anterior time, all GNO indicators showing strong bullish pattern .
So bullish indicators :
end of ABC WXY imbeded cycle/major I-II pattern annoucing the start of a new cycle
Bullish wick
Consolidation at fibo 1
projected minor 1-5 elliot wave gonna form a cup and handle pattern for the major III
Parabolic value ( smaller and smaller new lows)
Small volume needed to reach fibo 0.786
Short term target : 140
Mid term : 280
Long term : 700
Comment:
recommended at 50-55. now at 63.
Trade active:
short erm target (140) reached
Comment:
anyone interested in GNOUSD should enter at 80-90 lvl to maximize porfit