Nawaf__Q8

Nawaf__Q8

If the price continues to make a new high I will consider the other chart which shows that the wave 5 not completed yet.

Nawaf__Q8

The pair heads to higher prices/

Nawaf__Q8

Long term of this pair is so bearish.

Nawaf__Q8

The wave (iv) or a (A) of it seems about to complete. Prepare your plan to play with downtrend direction.

Nawaf__Q8

Pound seems will lose more against dollar.

Nawaf__Q8

The price reaches to a higher level and the reversal action about to happen. Wave 4 may unfold as a triangle. keep watching.

Nawaf__Q8

the pair about to retrace to form wave ii before it advances higher to form C. I prefer to count this rise as correction wave rather than impulse wave to prepare my plan at minimum risk.

Nawaf__Q8

Fifth way maybe form a diagonal wave.

Nawaf__Q8

Any rise in this pair is a good sell deal.

Nawaf__Q8

I consider this counting unless the bottom of the wave (ii) broke.

Nawaf__Q8

As the major numbers stand, I will consider this counting.

Nawaf__Q8

there is sell opportunity for swing traders to get in this pair.

Nawaf__Q8

Head and shoulders pattern has been formed and confirmed by break neckline. Stop loss is an essential tool so keep at little above the neckline. the target near to the uptrend.

Nawaf__Q8

Indices show a clear bear market.

Nawaf__Q8

Keep watching this chart for selling signal.

Nawaf__Q8

follow this chart for update

Nawaf__Q8 Updated 

still there is a more advance in this pair.

Nawaf__Q8 Updated 

Long opportunity for option buyer.