Still bullish on GBPHKD.

Panjang

BRITISH POUND / HONG KONG DOLLAR (FX_IDC:GBPHKD)

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FX_IDC:GBPHKD BRITISH POUND / HONG KONG DOLLAR

oscillator fibonacci elliottwaves gbphkd

Technically, appearing to be more at the end of the roll here, but that's ok. I don't recommend you trade fifth waves, because of it's many morphologies, and therefore a certain unpredictable nature. I believe the FibGoals, extentions of the third wave, to be those in green. There are three of them, and just because there are three, does not mean all need to be reached. No, no - one is enough (or none - don't get greedy) and then I like to watch for pivots. Good luck - this is not financial advice.

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First target 3/12/2020!

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