Reminder: GBPUSD rally get ready called on August 22nd
On daily, NO trendline break yet, so no entry on the larger timeframe YET. But note the trendline is validated by GBP as she hit it again and then promptly reversed. Good sign.
But count the # of waves, then see the possible 261.8% hit.
So remember ................... SHORT is still in play ............ but respite likely? Thus far elusive, no respite but divergence keeps building, wave count favorable.
I don't see an entry on 4H either.
But the Alert is still in effect while short continues
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you got a twofer ............. here's your other pal, GBPUSD.
Nailed him too. You had questions or doubts about Macd - see the divergence response unit? Stellar. Never underestimate the creme de la creme indicator. Trendline busted too
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Nailed the low - and dig this, while every mother's son in UK was heavily bearish the GBP. See thread GBP sucks for the reality. Everyone had thrown in the towel. Except for Fibo who timed the turn at T2W, cott it and called the long to 1.4 region
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SLAM DUNK!
Jesus H Christ, what a call from August 20 (pls check) ..............
"GBPUSD weeping and gnashing of teeth by Brits all over the place at T2w and London and almost everywhere. there seems to be just nothing that will provide some respite to this currency
Fibo states get ready for rally to the vicinity of 1.4562 - 1.5284 or 1.6137"
look at the the chart edge in the chart in post dated Sept 3. Then read the following within quoted text ....
no trendline break yet, no 4H entry either, but #waves, then see the possible 261.8% hit, ALERT still in effect while SHORT continues
That was the very last bar, Sept 3. Then there was nothing to update as the trendline was taken out on Sept 5. I was banned around about that time. Trader333 can plug in the exact date of the ban. ROFLMAO was I banned so that the Brits would not have to bear the pain of saying thank you to the most hated person they've ever encountered from America? Nothing would surprise me no more!!!!!!!!!! ROFLMAO
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For NVP to look thru': Post #760
My August 22nd post when GBPUSD was going down and down and down and everybody was complaining and there was even a thread here title something like GBP sucks. Everywhere around the globe the Brits were complaining and beside themselves with frustration over GBP crashing crashing crashing
Now read quote above for
a stunning call by Fibo - this call is still playing out and we got to 1.3 already. Will evaluate it further this week.
Look at the updated chart, NVP. That rally I called on August 22 was
just a few days before the bottom.
updatd chrt from today below ................ look at GBP's hard on. My my my.
Americans would hug and kiss me like they do at ET, but Brits? No way Jose - instead they ban me.
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