thomselly

thomselly

Gold will try to recover the fall,however it will not break All Time High, still it is in correction era, ideally, i see it will most likely do zigzag correction (5:3:5) structure.Good trading week all.

thomselly

GBPUSD has entered correction, currently my assumption is to see liquidation of early bears, then at 78.6% around that region, institutions will initiate bearish move,it is forming wave (ii) of wave C.

thomselly

currently the market is in correction WAVE (ii) of wave C, it has already form wave (i) of wave C, so at least wave (ii) should correct between 78.6% and 68.1% Fibo of wave (i), that will be expected entry for swing traders,