How to say, 3 things that we can watch from GU a week ahead ;
1.) There is continuantion pattern Descending Triangle.
2.) There is ABCD pattern on 382%, could it reach 2.618 BC projection
3.) Fundamental issues such as U.S. December Retail Sales. The consensus forecast is that the report will show rose 0.7 % last montn. Core sale are forecast to inch up...
Here's my idea for GBP/USD Outlook ;
UK Economic 2017 Overview :
According to the data that has been released by PwC, UK economic key projection such as GDP growth will decline to 1.2% in 2017 from 2% in 2016. Consumer spending growth is projected to hold up better, but will still slow from the previous rates, dropping to arround 2% in 2017. BoE is expected to...
This is The Phantom Green..
Hope you enjoy this new theme for 2017..
THE PHANTOM GREEN relies on Green Philosophy which is ;
(1) Green occupies the point of balance in the solar spectrum midway between the thermal, or heat end, and the cold or electric end of the spectrum. Thus is becomes the color of HARMONY.
Thermal (Heat) represents the Fundamental...
I found that NZD/JPY structure is going to be ABCD..
The Sup and Res before stop at the exact point of retracement from A to B..
But this is just an idea..
Forex is very risky - I'm not suggesting you following this..