FX_IDC:GBPINR   BRITISH POUND / INDIAN RUPEE
Looking at the 240 on this pair, I am guessing we are in a complex corrective pattern. If this is true, then the next leg could be upwards to finish the C wave which is part of the higher degree B wave. Thats the bigger picture from what I see.
What you have forecast is also possible , there is no doubt but in my personal view i am not looking the move that you are looking
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Shredskin I-Fund-Trader
@I-Fund-Trader, Totally agree!
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Hi in my view it has one more drop it will be high likely very slow ,
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Shredskin I-Fund-Trader
@I-Fund-Trader, Thank you for that. I see what you are saying.. there is no drastic move yet signalling the possible start of the C wave. Cool, Thank you for your time!
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I-Fund-Trader Shredskin
@Shredskin, Yes this is moderated view as you would like to see in Trend line based system
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Shredskin I-Fund-Trader
@I-Fund-Trader, Perfect! Thank you very much!
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