hi, this is what i think will happen, may be there will be double bottom, but is really not clear for me at this time, i am out from this pair. break under 0,8166-0,8152 can be dangerous when you are long without stoploss.
maedanci
⋅
Hi, what do you the direction wud be after todays' close at .82003? Rgds
itaskar
⋅
bullish not confirmed, but still possible.
maedanci
⋅
Hi! Thx 4 yr answer. You think we hv a good chance to reach 0.764 (.83942)level within the short-term? Your last post is very technical, I'm not an expert like u r! :-) All the best...
itaskar
⋅
hi, i thing so(in short term), it is coming thru ichimoku cloud, watch fibo lines for correction start(flag, pennant). now it is testing trend line as well. the correction can move back to the trendline.
maedanci
⋅
Congrats :-) the cross is almost 0.8300! What do u say from here onwards, is it now a bull's trend? Do u think it travels to 0.8400 from here? Rgds
maedanci
⋅
Alright, clear enough for me. Many thx for the info and all the best. Rgds
itaskar
⋅
you are welcome :) in my opinion, its long race, first target maybe 2-4months, british pound is in good condition at this time... Of course, dont forget to use stoploss, it can still breaks 50% fibo and this will open the door for strong bearish move to 61.8 fibo..
any other questions post here pls, thx
maedanci
⋅
Many thx for all the info! What sort of time frame(s) you recommend for Target1 & Target2 pls? Do you have a Twitter account or preferably an email adrs for longer posts incase needed. Rgds Murat
itaskar
⋅
of course its good to check now bullish trend confirmations. Maybe it will create hammer candle in monthly chart.