his prediction is not valid now, the AUDUSD exceed my expecting period to trend up, it accumulated too much buying power and it starts fading its power. The selling side is coming.
follow the previous structure. I predict the continuous growth will hit around 0.7759 on 21/02/2017, then fail back to 0.7658 on 01/03/2017 . The total period will be 20 days. The total expected gain pips are 155 pips during 20 days.
I see the same structure as the AUDUSD structure , following a big drop. I expect a gain from 141.288 to 144.273 ,from 10/02/2017--to 15/02/2017 The second gain from 144.273 to 140.907, from 15/02/2017--to 23/02/2017 Total Expected Gain : 298.5+336.6= 635.1 Pips Total Period: 13 days
After another one or two candles , we will know if this is a good starting point to short. From a higher time frame, it still follows a downtrend.
Expecting Target: 1.05389 on 14/02/2017 at 18:00:00
given the structure and indicators of mine. I suspect it will pull back but not higher than previous high, then a sharp drop following until it reach the support line GBPJPY 138.600
I guess the following two weeks , AUDUSD will continiously go down trend until AUDUSD (0.73510)