I expect long term (M) 5th wave low to take place sometime next year.
交易進行
14.11.2022. There are no meaningful ways to identify the position of institutional traders to the required degree of certainty. In my opinion - Central Bank of Kuwait has altered the weight of GBP in the KWD basket algorithm. I still believe that the September low will be revisited sometime next year and no later than Sept 22 plus 16 months. The longer the stretch - the better the ride on the way down. We can continue to use GBPUSD as a good proxy. Wait for 1.22 before looking into the GBPKWD again註釋
On this leg up (M) - Likelihood of GBPKWD breaching 0.400 is very low. Plan is to start selling GBP after 0.3870註釋
Last position long will be at 0.3705
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