Next Target

Again, I try to make predictions .. W1 seen from the picture into fibo GU 50%, usually if it is through the 50% fibo going to fibo 61.8%. See Picture ...


I took a position with a target sell 61.8% fibo area when he saw the H4 GU rebounds in 50% fibo area .. See Picture ...

Come play with Fibonancci

Prologue ....
This blog is made long enough .... Because authors fibo lemot in understanding, finally sit first writer to various universities forex ....
From now on the author tried to make a pair of motion based mapping fibo ...
For readers, the author asked his criticism and suggestions ....
Thanks ...

Content
Now the author tried to describe the movement of pair GBP / USD is said to be a favorite at most of the traders ..

TF MN
TF MN on images drawn from high fibo month low november 2007 to January 2009. There was movement visible retrace exercise area bounced from 38.2% [1.6428] to 23.6% fibo area [1.5310].

TF W1
TF W1 in the picture drawn from the low fibo month high 18januari 2009 to 2 August 2009. There appear to consolidation or sideways from the area fibo 0% - 38.2% fibo. but last week's candle W1 close look under the 38.2% fibo area .. Possible the movement next week GBP / USD to 50% fibo area W1 [1.5273]. But before there GBP / USD have passed the 23.6% fibo MN [1.5310].

Kesimpulan nya Target GBP/USD yg terdekat adalah 1.5310 [area fibo mn 23,6%], kalau area His conclusions Target GBP / USD 1.5310 reply is closest [fibo area mn 23.6%], if the area were impassable then nect target is 1.5273 [fibo W1 area 50%]

Hopefully this analysis can help traders ....