ganesanselvaraj86

GBPUSD: The Upcoming Panic Selling: What We're Going To Do?

Short
ganesanselvaraj86 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
If break downside 1.16481, market will be hit 0.90000 (target ratio 22. 84% pips 26481) on 08th January 2024.

The doubt that arises in the minds of many people here is how the market will fall to 26481 pips in one year.

the WD Gann method creates a new cycle, it will be negative. GBPUSD market will be pushed to a very bad level.

Panic selling occurs when a stock price rapidly declines on high volume. This often happens when some event forces investors to re-evaluate the stock's intrinsic value, or when short-term traders are able to force the stock price down far enough
Comment:
As per my previous post, GBPUSD the panic selling started completely this month.

For those who believe in panic selling, mark you calendar the Sep'2025 market will hit 0.86348.

This is a great opportunity for the PROP trader.

this is open challenge.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.