Trend of British Pound Currency Index
the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.
bear market turning into bull Market with GBP Crab.
Bullish crab pattern
I made this Idea based on Candlestick Analysis and Harmonic pattern.
bear market turning into bull Market with GBP Crab.
Bullish crab pattern
- It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull pattern under oversold circumstances is a smart practice.
- Wave AB must retrace downward to the XA wave's Fibonacci levels of 0.382 - 0.618.
- Wave BC must retrace the AB wave's 0.382 - 0.886 Fibonacci levels.
- The final wave CD is the longest and must reach the BC wave's 2.24 - 3.61 Fibonacci levels.
Comentarios:
minor correction at F 1.27 is possible
Comentarios:
MINOR Correction is Done as I expected .
now GBP Fall more to level 1.618
now GBP Fall more to level 1.618
Comentarios:
Possible ZigZag Trend of BP
Operación cerrada: objetivo alcanzado:
Comentarios:
MINOR CORRECTION Is done.
it is possible that GBP BAT flies to reach level 1.27 and start major correction.
it is possible that GBP BAT flies to reach level 1.27 and start major correction.
Comentarios:
The bearish butterfly pattern will start.
PRZ zone Is shown on the chart
PRZ zone Is shown on the chart
Comentarios:
minor correction is done and gbp rise to hit 1.28
then start falling
then start falling
Comentarios:
Operación activa:
nEW Update of My Idea.
Sell order is Activated
Sell order is Activated
Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.
GOOD LUCK.
SEYED.
GOOD LUCK.
SEYED.