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11 - 19 - 08 GBP/USD (short term)

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 楼主| 发表于 2008-11-20 21:21 | 显示全部楼层
https://www.y2cn.com
Besides,
It has probability (higher possibility) to make correction to the specification of wave structure on top chart.
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 楼主| 发表于 2008-11-20 21:32 | 显示全部楼层
Subwave started from 1.6196 could be completed.
In other word, price from last Thursday(11/13/08) low 1.4556 is likely to develop the same degree of correction wave as 11/4/08 low 1.5597 to 11/5/08 high 1.6196, which could enter the 1.5597 --- 1.6196 territory.
If it is true, price from 10/30/08 high 1.6670 would develop a diagonal triangle moving pattern,  most likely an ending diagonal with expanding variety.


reference attached chart

[ 本帖最后由 sharkeater 于 2008-11-20 21:52 编辑 ]
gbp-h-11-20-08b.gif
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发表于 2008-11-20 23:04 | 显示全部楼层
谢谢老师

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