GA is FLYING with no slowing down in sight. Bullish momentum will continue and we will break the July 6th high, I am looking for a re entry to the buy after the slight retrace i'm expecting. I did something unconventional with the Fibb retracement: from the established low i drew out the range to the July 6th high giving us great confluence with what happened at...
Looks like the GA might make it to 1.82233 but I can't be sure, so my first target is 1.79008 then either keep or if it starts down pull out or switch to short.
Chart says it all: -Broken and closed outisde really strong trend line acting as resistance -Now not making lower lows -Also found support on the monthly key level 1.9900 and 20000 -which is a good psychological number if it hold -Break-retest-enter -Target key level of weekly resistance 2.0400
In the much bigger timeframe, it is a correction being made, I foresee a last impulse way once a breakout of the channel. We could buy at the breakout of the channel
Please Look at the addition chart chart down below, below for bigger view This setup are base on the following reason. 1. GBPAUD still in major uptrend (as in chart below). even tho, price is come down for support. The price itself already reach the support point last week. it should go back down again for smaller double bottom. before going back to it's...
This setup come from the following indicators. 1. This trend continuation is base on very weak AUD economy. 2. and, a strong uptrend base on monthly/weekly chart where only green candle is form. 3. as well as, intermediated price action in daily candle as point out near Purple Box. 4. including, prince pulse expectation as point by Blue Box. Setup configuration...