stanchiam

Gbpusd 4 Aug 2023 update

stanchiam 업데이트됨   
OANDA:GBPUSD   영국 파운드/미국 달러
Need price to hold below, if we see an hourly bearish candle, that is a bonus and hint that further drop is coming.

The move up after NFP is strong, if bears can stop it under the breakdown line plus a bearish candle, this could be a classic draw in the crowd for a fake move up before lower.

Too earlier to know, but look good if the hourly candle give a good bearish stick.
코멘트:
impulsive 5 waves down from the peak at the lower time frame, expecting a correction before continuation for a bigger move lower
코멘트:
dropping as expected, looking for 1.261 region for a short term bounce before lower again
코멘트:
no 5 waves down on the hourly time frame, suggesting it is in some kind of ranging correction, perhaps yet another test of the breakdown line

with cpi coming these few days, anything can happen, as long price do not close back above 1.28(daily close), still bearish

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