Let's get this breakout to the upside done.... 
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #57,562
- Jan 7, 2008 9:20am Jan 7, 2008 9:20am
- | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
Looking at PA on 15min GJ charts here is my 2cents worth...Price could reach 214.20, area between 61.8 and 78.6 fib on hourly chart b4 eventually heading north.
That also aligns well with Aus 4hr/1hr strategy where he states that "If price is above 1hr gann by the time 4hr gann crossover occurs, wait for 1hr gann to turn bearish and then bullish again b4 attempting a long." Trade at your own risk
That also aligns well with Aus 4hr/1hr strategy where he states that "If price is above 1hr gann by the time 4hr gann crossover occurs, wait for 1hr gann to turn bearish and then bullish again b4 attempting a long." Trade at your own risk
- #57,569
- Jan 7, 2008 9:39am Jan 7, 2008 9:39am
- | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
Looking at PA on 15min GJ charts here is my 2cents worth...Price could reach 214.20, area between 61.8 and 78.6 fib on hourly chart b4 eventually heading north.
That also aligns well with Aus 4hr/1hr strategy where he states that "If price is above 1hr gann by the time 4hr gann crossover occurs, wait for 1hr gann to turn bearish and then bullish again b4 attempting a long." Trade at your own risk
- #57,576
- Jan 7, 2008 9:58am Jan 7, 2008 9:58am
Bush to speak at 2Pm about economy expect DOW to take beating. It always tanks when he speaks
Here's my two cents, I think we will go down to test the 213.60 area again. and be forming a descending triangle. Which is a bearish pattern, or to form a falling wedge, that is a bullish pattern. One to keep an eye on. (Yellow lines)
