# GBPTRY's weekly chart has a clear bullish pennant pattern.. I expect a structure as I mentioned in the chart..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
NOTE: EXPERIMENTAL CHART ANALYSIS - "Fibonacci circle magnetism web"
Created using unorthodox methods of overlaying fib circles to create a 'webbed magnetism grid' (hidden for clarity) & incorporating knowledge of 'occult' symbolism.
Horizontal lines denote 'orbital pivot points'.
Thick black lines - predicted avg trend lines based on analysis.
Thin black lines...
As you can see the first primary degree wave is very clear and precise.The whole wave formation is very solid and the waves are defined internally very clearly as well.
So the aim for the 5th primary degree would be around 20 ish .
Great opportunity for all long term investment traders, i am looking for a pull back here on the 240 to look to ride this train down back into sub 5 lira territory.
Two targets here which i like which fibbs confluence 1st target will be 382 and 2nd at the famous 618.
Look for your own entry reasons guys/gels and happy trading.