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pablo82

GBPUSD SELL SETUP

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
pablo82 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis Wave Analysis
12
0
chartpattern trendanalysis waveanalysis
Looks like we have a first impulse down in new structure and we are currently in flat abc correction which should end soon.

Wait for breakout of lower trendline for sell entry.
Comment:
Comment:
Trade has triggered,

Please note we might still get small up move before next big drop
Comment:
Price broke out of the pattern.

We have to wait for for more price action to decide direction
Comment:
Comment:
Looks like 4-hour correction which indicates a further update.
Trade closed manually
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