GBP.USD setting up for 216 pip break out: GU Fib Jump Imminentu
2019-12-12 18:45:53
High time frame Fib series which control of GU since 2018.
You already know the massive Brexit/Elections volatility.
Break Out traders should be watching these levels keenly.
Which way will it break? Does it really matter?
When will it break? Set TV "Alerts" to warn you.
Why 216 pips? Notice the precise energy bands.
My method maps the "Pulse" of an asset.
The bands always cause price reactions.
What happens at each one can be telling.
Per this smaller TF fib plot below, it is primed for a drop: https://www.tradingview.com/chart/GBPUSD/OluXtacv-Pulse-of-an-asset-times-Fibonacci-GU-at-MAJOR-Impulse-Redux/