GBPUSD has GOT Rejection from the Expected area. BIG SHORT 4 ME
I was expecting the UPTREND will get rejection round 1.29600 to 1.29800.
I think it has be bounced back @ 1.29750
As per my Elliot WAVE analaysis the Structure was making LEG 3 of Elliot wave and not it will make its leg # 4 which is DOWN side.
As per Fib Trend Extension Tool Most likly It will touch 1.28000 or 1.27890 area then It will bounce back for the 5th Leg which is undecided now..
Bouncing Back area will give an idea for the possible UPSIDE move of LEG five.
For me NEXT WEEK its a big SHORT.
Good Luck Traders.
Please hit like button if you like me Idea and FOLLOW me for more ideas.
I think it has be bounced back @ 1.29750
As per my Elliot WAVE analaysis the Structure was making LEG 3 of Elliot wave and not it will make its leg # 4 which is DOWN side.
As per Fib Trend Extension Tool Most likly It will touch 1.28000 or 1.27890 area then It will bounce back for the 5th Leg which is undecided now..
Bouncing Back area will give an idea for the possible UPSIDE move of LEG five.
For me NEXT WEEK its a big SHORT.
Good Luck Traders.
Please hit like button if you like me Idea and FOLLOW me for more ideas.
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