Boon2

GBPUSD H1 C Wave Up.

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Boon2 Uppdaterad   
OANDA:GBPUSD   Brittiska pund/Amerikanska dollar
GU has come from the low and given H1 correction, I will be looking for the buy 1st targeting the 100fib against the invalidation point.

Wait for confirmation of more upside to come on lower timeframe's before jumping into the buy!

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Kommentera:
H1 we got a solid close, wait for bull flag on lower TF to confirm more upside to come before jumping into the buy. If it gives you a bear flag look for the sell.
Kommentera:
We got the bullish flag, if anyone got in you should defiantly be at breakeven.
H1 we have the C up giving bearish divergence so it's getting risky taking bull flags at this stage. Since we have bearish divergence on H1 if we get impulse down and bear flag you can look for the short trade.

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