my bias is long but that is of no importance
GA is sitting still on the 50% retracement
next levels are basically 1.70 or 1.66 the near and important fib levels
downwards it would still be in the red channel and meet up with previous high at the 38.2fib
upwards it has to break the descending "wedge" tl's to make it to 1.70ish,.....
GA is a fast mover but both scenario's yield some 200 pips
GA is sitting still on the 50% retracement
next levels are basically 1.70 or 1.66 the near and important fib levels
downwards it would still be in the red channel and meet up with previous high at the 38.2fib
upwards it has to break the descending "wedge" tl's to make it to 1.70ish,.....
GA is a fast mover but both scenario's yield some 200 pips