Originally posted by chankl78
What a good weekend I have. Lots of wine, beer & sleep.......
Wahaha..

Here is my view on the outlook for this week.

Monthly Chart


This month will be going down... Looking at the EWO, it is still going down..... Anyway.. I am not a long term trader.. Wahahha..

Weekly Chart.


But, in this weekly chart... looking at the green arrow... It is continue to goes up.. So that's means... I am expecting more up trend in early weeks before plunging down...

I am thinking will UK election come into play?? Hahah.. to make GBP very strong.. That's my guess only ...

Daily Chart


What a chart... Until now.. all chart are saying different things...
This is because.. if you are studying into Elliott Wave... there is this things called Wave within Wave..

So when it completed it 5 impulse wave & 3 corrections wave... it will move on towards higher timeframe wave.... Hahaha.. this is my limited knowledge... So If I am wrong.. someone correct me..

Thanks..

H4 Chart


Finally.. H4 is in line with Weekly... wahaha.. so this week.. it will be going down to complete the wave before going up to complete weekly wave..

Wahaha.. I hope I am right on it....... That's my weekly outlook.....

Smile
Chankl78