Thanks to ForceFollower I can proudly present this.
Commentaires
sound.shai
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however, correction is possible to 1.47689
motleifaul
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You see, it's still lower. I was stopped out as well. I underestimated the magnetism of the medium line of the pitchfork. The mistake is clear now. My wavecount was not only to spekulative but also wrong obviousely. Another accident to learn from.
sound.shai
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I think to buy it now ?
any thoughts ?
motleifaul
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You are right, this seems possible from this level.
motleifaul
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But I will will wait whether a test o fth e1.4720 will fail before going long again.
ForceFollower
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I'm sorry, it has failed. I don't understand, why it resolved that way... Probably, the pound's strength was overstrained and it needed to relax somewhat. I've lost here and in GBPCAD.
ForceFollower
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Thank you, motleifaul, for giving me the credit for this chart. I appreciate it. :-)
Anyway, I hope it works, as expected. :-) The only concern is that the frank got very strong, but regardless it's also strained and overbought... so it should work, esp. considering the rationale I provided in this thread: tradingview.com/v/aWoWY2jq/.