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GBPUSD/If wave (b) of B is finished - x3 forming - Short!!In cycle, A upward wave (5) ends with a terminal impulse of 1.36194. Hope thrust reveres back to at least 1.34687 to 1.34295/1.34033 and completely retracement at 1.31839 referring to terminal Impulse effect or around 38.2% to 50% of the former big cycle in 4h time frame chart. 1h time frame wave (a) assumes finished, wave (b) is unconfirmed but the price already touches the 50% Fibonacci retracement of wave (a). In case that wave (b) is finished, I predict the next move is going to be wave x3. of wave (c) aim for 161.8% of wave 1. which is the same target at 50% retracement of the big cycle. So how to trade? Wait for confirmation break down at 1.34687 and pull back if the price doesn't come down it means to wave 2 is forming complex correction or wave (b) of B. is not yet finished I will switch to bid when the price is breakthrough 1.35140 level and the target is 1.35465 cut loss at the support line. ++ Thank you for reading ++ ++ Please share your opinion ++
Short
by ThanatVichachai
SHORT ON GEEKAYWIRE(NSE)This analysis is only for educational purposes, Invest at your own risk! GEEKAYWIRE's price plummeted 20 points this month. This price action may be done by institutional investors or operators who have accumulated and markuped the stock. The next phase for these institutional investors or operators will be Distribution , Hence a large sell volume will be seen. Therefore going short can be very profitable since the stock price will be droping low very soon. Any kind of criticism is highly appreciated ! CHEERS!
NSE:GEEKAYWIREShort
by Aditya_Singh21