GBPUSD 07NOV17
This is some detailed info about my calculations on GBPUSD.
My system tells me that there are great chances that have an interrupt of this uptrend when price hits 1.32134.
From there will have support at 1.3043 (the same price that I have ,mentioned in my last study on this instrument) and finally go to target 1.3325.
This will be what is common called an ABC correction, I don't call that, but in fact is usual this kind of waves break in some parts as the major trend is down not up.
Please check my last study on GBPUSD, link bellow.
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server.
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from weekly charts up to yearly
My system tells me that there are great chances that have an interrupt of this uptrend when price hits 1.32134.
From there will have support at 1.3043 (the same price that I have ,mentioned in my last study on this instrument) and finally go to target 1.3325.
This will be what is common called an ABC correction, I don't call that, but in fact is usual this kind of waves break in some parts as the major trend is down not up.
Please check my last study on GBPUSD, link bellow.
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server.
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from weekly charts up to yearly
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