GBPUSD: Waiting for trade opportunity in safe zone @waveC

FX:GBPUSD   British Pound / U.S. Dollar
68 0 1
Price consolidates = the current wave is an correction of 2 cases:

Case 1: This is Wave B in range of WXY or WXYXZ. So, price may break the triangle and go up to 61.8% fibo level
Case 2: This is Wave B of B which follow a 5 waves impulse (wave A) . So, if price breaks the triangle, price will move down to 50% fibo level.

Just waiting for breakout to confirm the direction. I call it the SafeZone to trade.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out