ezodisy
Long

gbpusd - long-term bullish view

FX:GBPUSD   Pound Sterling/U.S. Dollar
127 2 5
monthly chart -- the Brexit spike moved from IV to V in the ending diagonal (see linked chart for pre-Brexit trade). Over the coming weeks, possibly months, I'll be watching for another gyration down to complete V of the ending diagonal . This is cable's long-term area of support (1.30x - 1.35x) which goes back many decades. I expect it to again find a floor there, and then head north. As usual with EDs, it's normal for wave V to extend beyond the bottom trendline .
Hi, what can we expect from current level today at 1.38. This idea is to go long, at which bottom we are looking to go long from here. Thanks.
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ezodisy KashifN28959685
No longs at all for the next weeks. Please read what I wrote under the chart again -- it is not going to go up straight away. The news this morning was very big.
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