Trend of British Pound Currency Index

23 de set. de 2023

the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.

bear market turning into bull Market with GBP Crab.

Bullish crab pattern

• It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull pattern under oversold circumstances is a smart practice.
  
  
• Wave AB must retrace downward to the XA wave's Fibonacci levels of 0.382 - 0.618.
  
  
• Wave BC must retrace the AB wave's 0.382 - 0.886 Fibonacci levels.
  
  
• The final wave CD is the longest and must reach the BC wave's 2.24 - 3.61 Fibonacci levels.
  
  

27 de set. de 2023

Nota

minor correction at F 1.27 is possible

2 de out. de 2023

Nota

MINOR Correction is Done as I expected .
now GBP Fall more to level 1.618

12 de nov. de 2023

Nota

Possible ZigZag Trend of BP

14 de nov. de 2023

Trade fechado: objetivo atingido

26 de nov. de 2023

Nota

MINOR CORRECTION Is done.
it is possible that GBP BAT flies to reach level 1.27 and start major correction.

29 de nov. de 2023

Nota

The bearish butterfly pattern will start.
PRZ zone Is shown on the chart

6 de dez. de 2023

Nota

minor correction is done and gbp rise to hit 1.28
then start falling

6 de dez. de 2023

Nota

20 de dez. de 2023

Trade ativo

nEW Update of My Idea.
Sell order is Activated

21 de jul. de 2024

Nota

30 de set. de 2024

Trade fechado: objetivo atingido

first drop started from 132.5 toward 130 and
next big selloff will start from 136 based on bearish butterfly pattern