What I meant was your analysis is quite clear that is shows the severely oversold
condition being played out in the waves and it's due for a bounce.
That 127 does look kind of tempting.
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DislikedWhat I meant was your analysis is quite clear that is shows the severely oversold
condition being played out in the waves and it's due for a bounce.
That 127 does look kind of tempting.Ignored
DislikedHi Toshi,
Thanks for your reply. Yeah, the 127 level does look quite tempting.
However, it's hard to guess exact timing when the actual bottom of W3 is done.
I think it's kind of risky try to trade the correction.
Maybe it's better just sit and watch the price at that level
then decide whether we wanna go long or short.Ignored
DislikedSpeaking of GBPUSD, it is also dependent on EURGBP?
What do you think about EURGBP? I am quite bearish on that pair.
So if my guess works out as said, we will see strong GBP next week
and of course GBPJPY rally to the upsideIgnored
DislikedUsd/Yen
Today's short term wave-count .....
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DislikedI'm still expecting a new high for this move up to C or 4. Price zone in the 1.4331 area.Ignored