Pending wave 5 may follow after extensive corrective abc on wave 4. I suspect it may extend some towards 1.33ish region and fall towards 1.14 and below. Idea of this post to make you understand the direction of the larger construct on pattern. This will affect all GBP pairs accordingly.
Create your own trading strategy and discipline to trade this opportunity.
Trade Carefully
Good Luck
Create your own trading strategy and discipline to trade this opportunity.
Trade Carefully
Good Luck
Comment:
I have charted this extensively on monthly. I know what I am talking. All critics are welcome. I will follow up each request judiciously.
Comment:
Get ready to find sell setups on daily, soon.
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Short GU for daytrade.
Comment:
one more flag play.
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Don't give up on this trade. next round of currency weakness is coming. King Dollar shall rise.
Comment:
Trade closed: target reached:
Very Complex 4 for years and it dropped to levels of 1.14
