WEDNESDAY UPDATE: GBP WRONG TARGET, GOLD TARGET ACCOMPLISHED

Determining which target to go can be difficult. Today's GBP downtrend should be a winner. The problem is there are 2 opposite Price Target. I need to develop strategy to determine which way price likely to hit the target. I know it sounds like a holy grail but it is not. I need to identify BREAKER BAR, THE PIVOT BAR with tight Stop Losses. If I know either Target will get hit I can enter buy then sell or vice versa if price move to other direction.

Good news is I can do Stop Loss fast when price go to other directions. This is one of the strength using Price Target.

Other news, Gold Price did exactly the analysis. Short above 1531.