Forexian

Sterling, 2 simple ABC correction before up?

Kort
Forexian Uppdaterad   
FX:GBPUSD   Brittiska pund/Amerikanska dollar
It seems that Pound is forming a flat pattern here which includes 2 ABC corrections (see the image below of Daily chart)

We are expecting 2 scenarios:
1- A corrective short term corrective pattern here and then the continuation of the up move
2- A Daily 3 wave simple ABC structure which has a smaller ABC inside

💬 Please let me know your perspective on this

Happy Trading & stay green! ✌️

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Kommentera:
I found 2 similar situations, you can see one of them on Nov. 2016 in the image and can see a big ABC correction before take-off which has an ABC correction inside itself (maybe 2)
Trade stängt manuellt:
Last night during FOMC closed it with about 530pips to find another buy later


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