1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

British Pound Fail at Resistance: Attempt to Form Bases

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    GBPCHF: There are 5 waves down from the October high at 2.4205. This may comprise wave 3 of what turns out to be a 5 wave drop from 2.4963. Under this count, a 4th wave is underway now and could test the 38.2% of 2.4205-1.9421 at 2.1249. This intersects with...

    complete article here...

Share This Page