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# GBPUSD UNDERSTANDING STRUCTURE AND WHY YOU WAIT FOR CONFIRMATION

FX:GBPUSD   British Pound/U.S. Dollar
11109 43
Hi Guys, please wait for the chart to PROVE THAT YOUR ANALYSIS IS CORRECT BEFORE YOU TRADE, if you don't well you know... If GU is in a triangle , it will make an impulse up then a flag and i will buy , if it makes a flag here then I will sell.

Comment: Hi Guys I can see that some of you are very impatient, I will update the chart when i have enough info to do so. Unless i see a clear pattern i have no idea what it is doing so you should learn to wait for setup before you jump in trades. It looks like a correction to me so I will wait for breakout to sell. Any buys will have to be when the down trend is broken. (based on how I trade.)
Training : add to skype mangal457
You're a damn mastermind!
wow
can we go for long now ?
Anil, in the 1 hour chart already did a breakout right?
lincolnborgesrp
that depends on how you put trends
anilmangal
You are right, i will wait more. Thank YOU
lincolnborgesrp
If you see that as a ending diagonal, then there is 3 more waves to come...
sketchmaster
what you mean ?
lincolnborgesrp
Good luck for us
Could you please let me know what does GU mean?

Thank you
stefanotrendfollower
GBPUSD? :)
sketchmaster
thanks :)
stefanotrendfollower
GBP USD
Hi! i love your work and also since you posted with count here is mine. Could you please explain the reasoning behind labeling wave pink C. Thanks!
Zemnieks
Expanding flat within another expanding flat :) But your (A) looks very 5-wave-ish, that confuses me a bit....
sketchmaster
I think
Pink = Flat
Blue = Contracting triangle

Anyway, if you watch Anil webinars, he always consider contractions as "3 waves", "5 waves" or a complex mix of this structure. He put no complicates names on it :)
lincolnborgesrp
yes you´re right. In both statements :)
JayArSantiago
EURCAD is making me happy so far
lincolnborgesrp
wow
i choose C nice photo
Excellent Observation...Find same Pound move on EURGBP
Hello Anil, could you please tell what do you mean by flag?
Mr Anil, you ROCK, excellent analysis.
Nice Work
Nice work as always you did.
pringlestop
Join the webinar in an hour
anilmangal
pringlestop
Any idea about GBPUSD for next week?
Dguaman
Lookslike weve had our impulse wave then correction, looking to the buy side personally. Only disconcerting thing being how 6am 4h candle has closedjust under the lower trendline. May be a sign to come that the downside is favoured.
Hey! Can you please update your ideas? Everyone is looking for this.
I am still with anil.. good job
From indonesia..
Is this break a confirmation for a long position?
did this strange mr anil predict that drop to that level or did he predict that drop to that level? he did! or did he? ;)

no trading for me today. will sit on my hands or do other useful things with em.

all the best!
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