JOSE ANGEL ZABALEGUI LABARTA
$GBPUSD TIME TO "H" LEG Continuing my vision of a stronger dollar soon, I analyze the FLD sequence of cable, also in my portfolio (short), which shows a good 40 week cycle sequenced by 80 day cycle interactions market A to G and now, time to H. This means that we may see a partial sell-off very soon, looking for the last 80 day cycle trough and longer cycles up to at least 40 week cycle wavelength. TIME TARGET I'm expecting the end of this leg by the end of September or early October PRICE TARGET AND UNDERLYING TREND The odds are high for seeing a bullish shape, this means that going back to the price origin (1,21) of this 40 week cycle will be difficult to see, so a reasonable retracement of 1,29-1,27 could be more viable, in any case, time will show us the reality behind, for now , time to go short. Good luck and thank you, again, for your confidence José -------------------------- eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk ::
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