anilmangal

GBPUSD corrective structure

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anilmangal Uppdaterad   
FX:GBPUSD   Brittiska pund/Amerikanska dollar
Hi Guys, the GBPUSD seems to have completed an abc correction after a sharp up impulse. I am expecting one more up impulse. If it breaks out of the correction and makes a lower degree correction I will be looking for buy setup.
I will post updates on lower time frame.
PLEASE TAKE NOTE THAT THIS IS MY ANALYSIS BASED ON WAVE STRUCTURE. IT IS NOT A TRADE CALL.
You will have to take any trade based on your strategy and plan. If you don't have any, then you should stop trading and try getting more knowledge before you risk your hard earn cash.

Trade with care
Thank you for support.
Kommentera:
Ok Guys the up move looks like it's completed so now we have an abc correction so the down move could start now. Wait for a correction then sell.

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