I actually did this chart just yesterday, predicting a drop with Fib goals. And it just took 24 hours for my predictions to eventuate. I have put a fourth one down just for kicks, and why not. This is the power of fractal analysis in highly volatile volumous markets. I will be changing my account soon to be able to do more than just ten ideas every 24 hours soon....
Bullish fractals here. We are moving, if I am to be believed. Yes, do your own research. FibGoals in green, invalidation in red. Not financial advice.
AB = CD & Gann targets agreement?
A nice change to the GBP/X pairs. Or better put - a combo breaker. and it looks this pair is yet to break a few more ceilings. Fib targets show us where those ceilings are. NFA.
CNYGBP is in bullish BAT short opportunity ahead. Regards, Atif Akbar
Another wave Z rally or fall to a new low? A solid close below previous wave X low at 8.4238 would probably suggest more downside potential
FX_IDC:GBPCNY Safe Trades; open.spotify.com
FX_IDC:GBPCNY Entering Oversold (extremely), divergence already detected and quarantined ;) Buy @ D CYPHER : Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC (note: point D still inside the zone (green box) that ensures the validation of point C for Gartley - Weekly chart - link below) Targets: TP1 38.2% CD TP2 61.8% CD Weekly...
FX_IDC:GBPCNY Bearish patterns objective: Once completed at D, sell it; CYPHER : Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD Safe...