My guess is that this wave up might be not finished just now and the price could go little much higher to expand wave 5 in classic five wave pattern and hit the last Gann Fan line and 61% Fibonacci Expansion area before reversal.
Seb
الخميس، 16 أغسطس 2012
GBP/JPY H4 Update and Gann Fan
Wave C has finished in the middle of nowhere except for the Gann Fan line that is acting as a resistance now.
My guess is that this wave up might be not finished just now and the price could go little much higher to expand wave 5 in classic five wave pattern and hit the last Gann Fan line and 61% Fibonacci Expansion area before reversal.
Seb
My guess is that this wave up might be not finished just now and the price could go little much higher to expand wave 5 in classic five wave pattern and hit the last Gann Fan line and 61% Fibonacci Expansion area before reversal.
Seb
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