Friday, February 8, 2008

GBPUSD review

Hello everybody!
First of all let's take a look to D1 TF
On the picture I've marked the waves 1;2;3 and the wave 4. But I'm not sure that it is finished, because the wave 2 was a simple correction and the wave 4 should be a complicated one. I hadn't marked the wave 1.9958-1.9387 because it is not yet finished.
Now take a look at the M30 TF

The up movement is the correction of the yesterday movement. The resistances are: 1.9477; 1.9506; 1.9562; 1.9588
And the supports for the downwards movement are 1.9299; 1.9242; 1.9152
Best Regards
Tacomy




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