This channel is unusual, it is a with a ratio. For example, the 1.618 times of the 1-2 is exactly to be the target position of the stage(3),
1.618 times of the band of 3-4 formed point 5, which is the long-position target. How do you understand the fio ratio? It's very simple, which means that 2-3 (band) /1-2 (band) = 1.618. This relationship has always been in the pipeline
It is estimated that the next target for the pound is likely to be around 1.3800, which is 1.272 times the range of 7-8 and will also be the lowest in pound sterling in March 2016.What's more, XABCD point could forms a pattern . If it does, long-tern trader must pay attention
If the is breaken, 1.618 times of the 7-8 band will be the next target.
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