If the whole move from 251 to 118 was a correction then we would be looking at ABC correction and if the wave from 118-163 is the start of a new trend up wouldn't it be 1-2-3-4-5. . . bigger picture. . . and eventually we would have several ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

In your 2nd chart wave 3 will almost never be that short. . . Wave 3: Wave three is usually the largest and most powerful wave in a trend Wave three often extends wave one by a ratio of 1.618:1.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Your 1st chart should look more like this but you have the right idea. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

My daily gann has been above price since last week. . . That's why I'm short from 150.50 - 149.50. . . You can call mines "No Lag Special Gann"

Auslanco - GBP/JPY and GBP/USD (newstrade)

- We sell all rallies in bear markets and the daily chart is quite bear. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Anyone still think'n long right now???? 146??? 145???

Auslanco - GBP/JPY and GBP/USD (newstrade)

DT excellent charts. . . Short-term I see cable dipping back to 1.60 possibly testing 1.59/1.5850 tops. . . That being said cable will frustrate many this year as it's been in a nice range for almost a year and I expect that to continue this year. . ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well, it would means that there maybe some level of support there. u really won't know until it's tested which I believe is forthcoming. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

here ya go. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

See chart

Auslanco - GBP/JPY and GBP/USD (newstrade)

The weekly gann looks correct but not sure why yr monthly gann is above price. . . Anyone elses monthly gann look like this?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Weekly and Monthly gann ar'd 143.70 - 144 area please post yr chart with weekly and monthly gann. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Look at the daily chart - we are in the early stages of this fall. . . look how long we consolidated before the breakout - this means the direction has been decided and it appears to be lower. . . Like I've said we will test weekly and monthly gann ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

The daily chart clearly suggest to sell all rallies. . . Not sure why we are even talking buying at this point! Major support had been broken at 146.10/30 area and a daily close below will be a clear suggestion of a continuation patterb ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Gucc, Take a look at the weekly and monthly chart. . . The overall "long-term" trend is up and supports lies at the confluence of the weekly and monthly gann. . . But keep in mind price can spike down to major support before resuming the long-term ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Wouldn't count on that. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Think this might be possible. . . sooner rather than later?

Auslanco - GBP/JPY and GBP/USD (newstrade)

We are now at the GJ 145 reliability check zone. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

A buy. . . just like at 146.10??????????

Auslanco - GBP/JPY and GBP/USD (newstrade)