Price create VERY NICE TRIANGLE, and we have 2 SCENARIOS in BEAR 1. current price is 5 of C, price stop at 1472 to 1461 2. If current is B of WAVE E, price can go down more. >> ABCDE can is 4 of C OR B of E. >> DROP IN DEEP to C/E GOOD LUCK
After check again, price can go far than prev predict. >> BUY
GOLD Test A,C AGAIN and complete Wave E, of ABCDE WAVE (TRIANGLE). >> Maybe Price can drop soon. >> SELL NOW (SMALL SL)
Corrective wave 2 maybe complte with ending diagonal 12345 at wave 5 of C We can expect an DROP IN DEEP to START WAVE 3 of GBPUSD (WEEK CHART)
No reason to drop down more >> GO UP to complete WAVE 5 of C >> SL at (2)
Price maybe complete wave C of (E) soon and DROP to C >> WAITING TO SELL TO C >> WAITING TO BUY FROM C
Price can drop to C at Fibo 78.2, from that price go up. >> SELL TO C >> BUY FROM C.
EJ can drop to fibo 50 >> SELL to fibo 50
With alot of times try to break resistance, price can not go up. >> Change to BEAR SCENARIO. SELL WHEN PRICE BREAK BD.
Price completed corrective ABCDE at wave B of 12345 >> Price will drop soon to fibo 38.2 and fibo 61.8
Price break up trend, maybe price will drop soon >> SELL to fibo 61.8/78.2
In the last predict, we talk about bull scenario. Mybe E wave / C of (1) of 5 wave completed. >> BUY with small SL