Hi traders, As usual I keep it simple. I have a few confluences happening at this point and I believe Pound will take a a dive a bit. But especially this pair because it has a 3rd touch and on my custom Fib zones it has reached a crucial zone. It might have also completed the 5th wave? Watch it carefully and collect some pips! Good luck, FIBZ
LETS SEE HOW IT REACHES THE RESISTANCE BECAUSE IN THE END THAT IS ALL WHAT MATTERS www.tradingview.com
GBP/AUD now in reverse, 3 take profit lines for the long run.
Hello, traders. I don't like big timeframes. But for those, who is interested in long term trading, I dedeicate this analysis. So situation here is not very good. Price made a New structure low and price will probably break 1.6 level. ( lowest yellow line). But what is important is time. When price will break it. I see 3 possible scenarios: 1. Price goes down...
Hi traders!I hold a point:Good charts do not need more words to explain! Good luck! AB=CD