davidchalker
Long

GBPUSD corrective structure

FX:GBPUSD   British Pound/U.S. Dollar
GBPUSD             appears to be in a triangle. Wait for price to break trend upward and close 240 or daily candle. This should be a three wave type of move upward. Go to smaller time frame for entry, be wary of pull back or retrace of price to lower trend.

Messages or comments are welcome.

Trade wisely,
Trade closed: stop reached: price failed to push higher..
There was actually no trade, as price did not break upward from trend.
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