Auslanco - GBP/JPY and GBP/USD (newstrade)
This is wave 5 ... It will definitely be massive if not explosive.
Let's watch and make our MONEY YEP. Honestly I am supprised for this move with wave 1 of W5. Mathematicaly, I cannot predict where the W5 of 5 is going to finish before we retrace (wave2 of 5), but when I am watching the charts, it does looks very scary. Targets?? Who knows, but way bellow 170 IMHO, maybe looks silly but 150 is on cards as well. I come up with one study from Harward UNI, they are saying that REAL parity on GY is 140
P.S. The statment above is not a TRADE recomendation GUYS, Personally I am watchin the news and tracking the stydies, BUT I am trading on 1min - 5min CHARTS
Trade safe
No worries ... we make money out of scary things my friend. Isn't it?
Hey Lilmoe
I remember talking to you about GC rally. Did you take that long?
My long from 2.0300 is doing good so far ... now +150 pips and counting ... Trailing stop 50 is set though.
I think my target at 2.0600 will be a reality
YEP. Honestly I am supprised for this move with wave 1 of W5. Mathematicaly, I cannot predict where the W5 of 5 is going to finish before we retrace (wave2 of 5), but when I am watching the charts, it does looks very scary. Targets?? Who knows, but way bellow 170 IMHO, maybe looks silly but 150 is on cards as well. I come up with one study from Harward UNI, they are saying that REAL parity on GY is 140
P.S. The statment above is not a TRADE recomendation GUYS, Personally I am watching the news and tracking the stydies, BUT I am trading on 1min - 5min CHARTS
Trade safe
i think GJ will hit 166 if not 165.... look at the monthly chart. we are currently in the process of breaking a bearish flag. the flag poll is 4900 pips long (from 240 to 192), so u can count 4900 pips from 215.80 (which is also FE 100) u get a historical 23.6 fibo at 166 (placed from 286 to 129).
the rest is up to u to decide bro
i think GJ will go below the lower monthly TL everyone's talking about. time? 4-5 months
waiting for USD/CAD to breach that bullish flag (who's upper TL is in confluence with 4h gann) to go long
