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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
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DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 20:03
In reply to DaveO's post
GU lookin like 4:5:3 shallow ret before attack on 6300 next. Time will tell but its made 100% symmetry pattern at 6153 thus far.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:54
In reply to DaveO's post
Alternatively might be doing 4:5:3 which I had labelled at 1.6160 which was a 38.2% ret. If 50% ret holds at 1.6130 we could see reversal back up to W.3 target level.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:22
In reply to DaveO's post
38.2% would be at 1.5817; 50% at 1.5680. Current 1.6173
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 3, 2013 14:17
Its looking like GU W.3 up completed 40 pips shy of target area with W.4 down now in progress
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 2, 2013 0:27
For GU the move up from the 1.4812 low still appears to be in a W.3. Current dip should be shallow ending at c.6160 followed by completion of W.3 at c.6300 followed by W.4 deeper ret down followed by W.5 up to level above 6400 to be projected once W.4 is completed. (current 1.6188)
djellal
LAUSANNE, Switzerland
Posts: 531
11 years ago
Sep 27, 2013 13:50
hold long positions 1st target 1.6225
djellal
LAUSANNE, Switzerland
Posts: 531
11 years ago
Sep 24, 2013 12:38
$GBPUSD BUY NOW 1.5980
djellal
LAUSANNE, Switzerland
Posts: 531
11 years ago
Sep 20, 2013 1:30
gbpusd buy on the dip target 1.6225
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 19, 2013 21:34
I refer to the move starting at 1.4812 low
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Sep 19, 2013 21:28
on new bullish count I consider this little ret down today is likely 4 of 3 with 5 of 3 back up to come at around 6210. Then W.4 down to maybe current level, then W.5 up to maybe 6400 ish. Its all a bit vague until more information available.
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