gpginvestor

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About me Philosophy Student, Dishwasher, Rookie Trader
Joined 95125 grant_a_no_no
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDUSD 50% | 1 GBPUSD 50% | 1
57 0 0
GBPUSD, D
Cable Rests on the 61.8% Fan From July 2013 Low

The plunge rests on a 61.8% Fib. fan from the beginning of the July 2013-'14 Bull Trend. If the pair breaks the orange line, it might as well reach 1.5000(0).

61 0 0
AUDUSD, D
Fib Fan from 2011 Highs

Around .8720, may be a good place to enter short / re-enter. This fan from the 2011 Highs has some interesting touches but the 50% line has acted more often as support thus far. On the other hand, if this 50% line is broken it would become a good short target as the pair descends.

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