Hellooo...My Dragon Friends
i see GU have movement reversal up. but lets see...my "reversal up" target maksimum just at 1.3420-25.
if cross over that number, example 1.3450, will see break that line, can go to 1.3650-1.3750 (maks).
and we call GU make some little uptrend.
But if cant break 1.3420-25, its just reversal UP, to make more downtrend and make lower...
Hellooo...My Dragon Friends
i see GBPUSD still going down if not HOLD at this number 1.3650.
Lets See
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Hellooo...My Dragon Friends
i see GBPUSD already break the triangle.
i see will go to down trends to our old target at around 1.3290-1.3310.
but if break upper line, resistance, i can see inverse SHS pattern, and can go to
resis 1 at 1.3750 and resis 2 at 1.3855.
Lets See
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u can see the...
Hellooo...My Dragon Friends
I can see GBPUSD will Going Down go to old target 1.3300-1.3290
already Retest
Lets See
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see my previous chart at "LINK to RELATED Ideas"
Hellooo...My Dragon Friends
i see GBPUSD already break triandle and confirm double top pattern.
and already break 1.3600, that the strong support.
i think GBPUSD if want back up just go to 1.3610-40, and will get down trend again, and we sell it from there and end TP at 1.3300
Or just we that bearish flag and go to 1.3400.
Lets See
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Smart...
Hellooo...My Dragon Friends
I see, GU have triple top now...and REsistance still strong HOLD at 1.3900 and have one false break.
Lets See
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Hellooo...My Dragon Friends
i see GBPUSD for uptrend still HOLD at the resistance.
i see GU have some retracement down.
Lets See
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Hellooo...My Dragon Friends
I see GU can go back to 1.3500-20, after go up too 1.3700-20.
but break 1.3800, will going up again may want test 1.4000
Lets See
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Here is my continuation analysis of GBPUSD. Last week GBPUSD was unable to maintain moving inside the 4H channel uptrend. After breaking below that uptrend channel I recalculated again the waves count. I found that GBPUSD last week completed the ending diagonal channel. With that said, I believe GBPUSD still has pressure to go to the downside for doing some...
Here is my continuation analysis of GBPUSD. Last week from my previous analysis, GBPUSD was hitting my TP1 area projection. And from that area GBPUSD bounce back to 1.4200 areas today. This indicates to me, that GBPUSD is ready to going to the upside again. As we can see GBPUSD in a 4h timeframe already making a channel to the upside. For today, I am expecting...
Here is my continuation analysis of GBPUSD. Yesterday as expected GBPUSD going up into the selling area. For today, I expect that GBPUSD will go to the downside to complete the subwave pattern before going back to the upside. I will put the link to yesterday's analysis in the related ideas section below.
Disclaimer: This is my personal trade setup !! Please use...
OANDA:GBPUSD
1 Week Technical analysis of GBP/USD
I used the Elliot Wave analysis tool as my main source of confirmation
among others to project the possible direction of price.
Feel free to comment and add your ideas on where price might go
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