Mulai
Pound Inggris / Dollar AS
Pembelian

GBP Generational Bottom

Oleh dinerominded
Diupdate
GBP looking to complete a Major 1-2 Elliot Wave cycle which began in 2017. This could be the formation of a generational bottom in the pound. Let the knife catching begin.
Komentar
In a small long now. Price clearly broke through the .786 . which indicates further weakness. Watching this closely to see if lower targets will be reached now. If lower targets are not reached, I would expect to see a strong reaction off this level fairly soon and would be looking for something like a V bottom. Knife catching is all about managing risk and knowing your scenarios. Stay safe out there.
Komentar
Possible accumulation pattern forming on the 1hr TF. Wyckoff is not my specialty but I can often seen the patterns forming and like to keep them in the back of my mind when looking for a bottom.
Komentar
Are you still in the game? Just front ran a major algo target by a few ticks. Need to be patient. Will be watching the daily close very closely.
GBPGBPUSDknifecatchingmoonspeculationWave Analysis
dinerominded
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.