GBPUSD MONTHLY OVERVIEW "LOOK LEFT STRUCTURE LEAVES CLUE"

PRICE FORMED A 3 DRIVES PATTERN IN BETWEEN 1998 AND 2007 WITH TARGETS PROGECTIONS…;

@1.70470
@1.36830
@1.16617
@0.90590

BETWEEN 2010 AND 2018 PRICE HAS FORMED A 5-0
WE EXTEND A FIBONACCI EXTENSION FROM JUL 14 TO OCT 16 TO APR 18 AND WE HAVE THE 100% RIGHT @0.90590 FOR THE 4TH 3 DRIVE TARGET

PRICE WILL BE FORMING AN ABC 100% SYMMETRY PATTERN @0.90590 WHERE PRICE COULD GIVE A POSITIVE REACTION

HAVING IN MIND THE WAY AN ABC IS TRADED….

1ST TRADE BELLOW A @1.43767 OCT 16 LOW TO @0.90590 100@ SYMMETRY
2ND IF PRICE GIVE US AND FORMED ANY INDICATION OF BULLISNES @0.90590…
THEM WE TRADE BACK TO A @1.43767 OCT 16 LOW FOR A CORRECTION
AT THIS POINT WE COULD HAVE A CORRECTION OR A FURTHER RALLY TO B APR 18 @1.43767

Commentaire: