GBPAUD - long after break daily group waveLook left the group wave weekly (I) (II) (III) (IV) (V) (VI) is at Uptrend because wave (VI) wasn't beyond 120% of weekly resistance (1.72039), then She goes up and passes over 120% Fibonacci extension (1.79902) of group wave Daily I, II, III, IV. Thus I predict he will go follow the weekly trend. The group wave Daily have to restart count wave, now she is at wave I.
At the present, GBPAUD has a rule at group wave H4 (1) (2) (3). We should wait he drop at zone wave (4) for Buy.
If GBPAUD drops beyond 1.7768 he will go down with previous Daily magnitude (1.7060 - 1.73811) zone of group Daily wave II
Thanks for look my ideas. Have a nice weekend.
Symmetrywaves
DXY-SHORT AT BREAK RULE WAVEAfter falling to X (94.90), rising to XI (95.68), then reversing to the reversal point at 120% (94.60), confirming the bearish trend.
At present, the H4 wave group (1) (2) (3) has the rule of recovery at wave (2), according to symmetry wave theory waiting for adjustment of waiting zone (80-100%: 95.08-95.32). Hit down the Weekly timeframe
The 3 Elliot rule targets are:
- 38.2 fibo: 93.64
- 23.6 fibo: 92.85
- 0 fibo: 91.57
stop loss: at wave (2) 95.74
GBPUSD - Long at DailyLast week GBPUSD was beyond 120% Fibonacci extension of Daily wave group (IX is the failure wave). I predict he will go uptrend follow Signal Reversal
- Wait he drop at current retracement group wave (1), (2), (3)... for buy follow the Reversal.
- 120% Fibonacci Extension for Stop loss
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Thanks for watch my predicting