I love when my chart works GBP USD moves as expected, and currently I think.. sub wave 4 is in formation. Let see if the price going up beyond 1.5102 then sub wave 4 is invalid. Daily divergence on GBP USD is valid in my opinion and should bring further down, but before that, there [...]
It’s look like a head and shoulder pattern isn’t? According to my counting, wave b is completed and should go down to complete wave C on 1 hour timeframe. And the price should go through the blue line on that chart. Update: I closed half of my position with 62 pips and the rest with [...]
I do hope Wave 5 is in progress for Eur Aud. Currently I am buy on Eur Aud and already move my stop loss to 1.4486. If this upward is wave 5, then upside should be at least 1.5000. Let see. Update: Target profit not reached, hit the green stop loss.
