H4 I'm looking for the end of wave Y before we get the wave X then the wave Z breaking the top above wave Y. We don't have any bearish divergence but if price gives the higher high on H1 we will begin to get bearish internal divergence in wave Y.
H1 Checkout my GBPJPY H1 Bullish Contracting Flat Correction Idea to get the complete picture thank's.
M15 Chart possible bull flag.
GBPUSD H4 has a very similar structure, Checkout my GU H4 ideas to get a deeper understanding thank's, I will leave the links below in related ideas!
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
H1 Checkout my GBPJPY H1 Bullish Contracting Flat Correction Idea to get the complete picture thank's.
M15 Chart possible bull flag.
GBPUSD H4 has a very similar structure, Checkout my GU H4 ideas to get a deeper understanding thank's, I will leave the links below in related ideas!
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
H4 Chart.