GBP?USD 60
Action : Short/Sell, 5(!) wave degrees downtrend
Type signal : RETRACE, agressive
Applies to : Investors
Conservative Target :1.4101
2nd Target :1.4783
Wave degree (1st) :Minor
Wave :3
Wave degree (2nd) :Minute
Wave :3
% signals wave 2 :35.8563
% signals wave 3 :59.7317
% signals wave 4 :0
% signals wave 5 :4.4120
Late Exit Alert :1.5060
Earlier Exit Alert :1.4874
Action : Short/Sell, 5(!) wave degrees downtrend
Type signal : RETRACE, agressive
Applies to : Traders
Conservative Target :1.4513
2nd Target :1.4101
Wave degree (1st) :Minute
Wave :3
Wave degree (2nd) :Minuette
Wave :3
% signals wave 2 :37.7408
% signals wave 3 :49.0585
% signals wave 4 :8.9438
% signals wave 5 :4.2569
Late Exit Alert :1.4874
Earlier Exit Alert :1.4874
SELL advice
This is a very negative signal! How bad can it get? Now 5 consecutive wave degrees show a clear NEGATIVE trend, as well as a negative EASI, which indicates that the conservative target has not yet been reached. More and more wave degrees showing a negative trend increases the probability of a meltdown considerably!
Check if the wave degrees are the time frames you trade.
An interesting price swing for investors. A conservative price move of in general approximately 5% or more is indicated, depending on how far the price move has progressed already, see the target below. From Minor to Minuette Wave degrees the trends are all DOWN. Most likely the target of the Minuettte wave degree, which is in wave 3, will be reached at 1.4513 or percentagewise 2.3776%.
Quite often also the target of the next wave degree could be reached at 1.4101, which is in wave 3.
SELL advice
This is a very negative signal! How bad can it get? Now 5 consecutive wave degrees show a clear NEGATIVE trend, as well as a negative EASI, which indicates that the conservative target has not yet been reached. More and more wave degrees showing a negative trend increases the probability of a meltdown considerably!
Check if the wave degrees are the time frames you trade.
Traders could still profit from the upcoming price move.
From Minute to Subminuette Wave degrees the trends are all DOWN. Most likely the target of the Minuettte wave degree, which is in wave 2, will be reached at 1.4647 or percentagewise 1.4740%.
Normally also the target of the next wave degree could be reached at 1.4513, which is in wave 3.
p/s SubMinuette up positive 2/b (53%)
1.5030 1 1.4717 (up dulu baru comfirm yg kat atas)
-trade at your own risk-