KarYong

2017 Week #11 - GBPUSD Reversal Bias

Long
FX:GBPUSD   British Pound / U.S. Dollar
Price has hit the minimum target of the 3-wave down at 1.2125 - 1.2209 area. We are now expecting the D wave of the triangle to be near completion, and will be expecting price to move higher from here.

Trade Plan:
Wait for the confirmation of reversal

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