GBPUSD in a correction mode from 2007 onwards.
((0)) = 2.11919 starts the correction of GBPUSD from 2007.
((II)) is a symmetrical triangle. This triangle makes a false breakdown.
(C) is making the false breakdown to a correction.
Here why (II) became a triangle ? Ans : We understand that the sudden/deep/sharp (I) correction generally brings a ripple of triangle shape.
Here (II) is bringing sense that, a big short is on the way. But it is a false one and makes (C).
Then the down confirmation continues after (C) is complete.
Then A zigzag correction started which is bigger correction down. A possible range for T1/T2 to 1.00514.
((0)) = 2.11919 starts the correction of GBPUSD from 2007.
((II)) is a symmetrical triangle. This triangle makes a false breakdown.
(C) is making the false breakdown to a correction.
Here why (II) became a triangle ? Ans : We understand that the sudden/deep/sharp (I) correction generally brings a ripple of triangle shape.
Here (II) is bringing sense that, a big short is on the way. But it is a false one and makes (C).
Then the down confirmation continues after (C) is complete.
Then A zigzag correction started which is bigger correction down. A possible range for T1/T2 to 1.00514.
Not
Following the trendFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.