Trend of British Pound Currency Index

٢٣ سبتمبر ٢٠٢٣

the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.

bear market turning into bull Market with GBP Crab.

Bullish crab pattern

• It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull pattern under oversold circumstances is a smart practice.
  
  
• Wave AB must retrace downward to the XA wave's Fibonacci levels of 0.382 - 0.618.
  
  
• Wave BC must retrace the AB wave's 0.382 - 0.886 Fibonacci levels.
  
  
• The final wave CD is the longest and must reach the BC wave's 2.24 - 3.61 Fibonacci levels.
  
  

٢٧ سبتمبر ٢٠٢٣

ملاحظة

minor correction at F 1.27 is possible

٢ أكتوبر ٢٠٢٣

ملاحظة

MINOR Correction is Done as I expected .
now GBP Fall more to level 1.618

١٢ نوفمبر ٢٠٢٣

ملاحظة

Possible ZigZag Trend of BP

١٤ نوفمبر ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

٢٦ نوفمبر ٢٠٢٣

ملاحظة

MINOR CORRECTION Is done.
it is possible that GBP BAT flies to reach level 1.27 and start major correction.

٢٩ نوفمبر ٢٠٢٣

ملاحظة

The bearish butterfly pattern will start.
PRZ zone Is shown on the chart

٦ ديسمبر ٢٠٢٣

ملاحظة

minor correction is done and gbp rise to hit 1.28
then start falling

٦ ديسمبر ٢٠٢٣

ملاحظة

٢٠ ديسمبر ٢٠٢٣

تم فتح الصفقة

nEW Update of My Idea.
Sell order is Activated

٢١ يوليو

ملاحظة

٣٠ سبتمبر

أغلقت الصفقة: تم الوصول للهدف

first drop started from 132.5 toward 130 and
next big selloff will start from 136 based on bearish butterfly pattern