okanbasoglu

okanbasoglu

Correction of 1.4980 to 1.5345 might end at 0.618 retracement current possible pattern supports this correction is bullish butterfly which might be forming right now. Keep an eye for 1.5125-1.5110 area for long trend continuation

okanbasoglu

We are in a short term bearish movement at $GBPUSD this bear trend could turn to a bull with this butterfly completion. 1.5130 is 2.24 of BC leg and 1.5115 is 1.27 of XA leg so this 15 pip area is our PRZ

okanbasoglu

I have been promoting this from the start it reached the 5310-5360 area look for a good place to short this dont let this getaway

okanbasoglu

Wait for this correction to end before going long for your $USD trades.

okanbasoglu

Short positions could be taken between 1.53-1.535 $DXY broke the trend line also so this idea will probably hold. Long positions could be taken for short term profits.

okanbasoglu

Possible butterfly pattern forming long positions could be taken up to 1.5300 - 1.5350 after that we might see a trend continue down.

okanbasoglu

As long as this trend line holds I am long USD

okanbasoglu

If C leg is just a little too long because of high volatility this could be a bearish cypher pattern

okanbasoglu

Down trend on $GBPUSD is not complete yet we have a gap at 1.53 - 1.5325 zone and also we have two fibonacci levels in the same zone this could be a Potential Reversal Zone for $GBPUSD

okanbasoglu

DXY is above 20 ema 91.8 hold. We are heading up for the CD leg. 1.27 extension of XA leg 92.7 is the target after that we head south. Reversal on all forex pairs might start at that point.

okanbasoglu

We have a possible gartley pattern on 30m $GBPUSD

okanbasoglu

Fibo levels are tight between 1.5320 - 1.5330 we have a gap there also we could expect a reversal from that level after that we are going for 1.5000 break out again.