According to this count this pair is just making a correction for wave 4. We are still on a downtrend and fundamentals also support this bias.
We have also:
- ema 55 as resistance - 0.38 fib retracement - AB=CD pattern (visible on H4 chart) see below
Trade ONLY ONE GBP pair at a time.
Best regards
*****************DISCLAMER******************************************************************** Always do your own analysis before opening a trade. Any respectful and constructive ideas are welcome (agree or disagree). Follow me on Twitter for updates: @fxtrader2000
コメント
uoevictory
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short still valid
uoevictory
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very volatile, will 1.235 hold?
prashantfx
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Loss booked at 2.33500 coz dis pair is run blindly :-(
prashantfx
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THIS PAIR IS SO MUCH VOLATILE COMPARED TO OTHER GBP PAIR SECOND TIME ITS ABOVE 38.2 FIBB LEVEL
prashantfx
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Just moved my SL @ 2.34000 and set target 2.24300 ...little bit cautious before tomorrow's BOE data ...finger crossed and waiting for targets in coming days.
FullTimeTrader
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Good idea, its our destiny to trade among the news. Regards.
prashantfx
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yeah right ...
prashantfx
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finger crossed before data :-) lol
FullTimeTrader
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Hello, trade is still active, lets be less emotional and follow the plad (although its hard). Regards.
short still valid