anilmangal
Long

GBPUSD in a 240 correction

FX:GBPUSD   British Pound/U.S. Dollar
7547 41 208
This pair is in a consolidation so if it breaks to the up side I will be buying . If you have a tested strategy on how to trade these type of pattern then it's a nice trade.

Trade with care
Thank for your support
Comment:
snapshot
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On the lookout Anil Thanks!
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yes let's don't miss it if it happens
+3 Reply
Great opportunity. Thanks Anil.
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sure is
+2 Reply
Nice setup! Thank you for the chart!
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anilmangal PRO Zohaib_Malik
thank you
+2 Reply
Looks like its made 2 flats so buying the 3rd wave up is a great idea, thanks!
+1 Reply
if you have a strategy for that then , yes
+2 Reply
nice idea and show clear Thanks
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anilmangal PRO TheCapitalLand
thank you
+2 Reply
great anil sir..tnx
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anilmangal PRO SivaKumarSubramaniam
Thank you
+2 Reply
the awesome oscillator is showing me divergence but macd is not
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AnasHelios AnasHelios
DID NOTICED
GBPUSD
+1 Reply
anilmangal PRO AnasHelios
MACD has div
+3 Reply
anilmangal PRO AnasHelios
you are looking for divergence incorrect
+4 Reply
AnasHelios anilmangal
please,can you mention it in the chart
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Great idea! Thank You :)
+1 Reply
Thank you
+1 Reply
smooth thanks alot
+1 Reply
thanks
+2 Reply
gbpusd
+1 Reply
AnasHelios ahmedfx
those lines are drawn by hand or by an algorithme,because i'm so confused
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adem.dervish.7 AnasHelios
dropped tab of acid then hit trading account
+1 Reply
I have been selling this pair since it's original move to the downside on several lots.
I will close once the daily shows it's exhausted.
Will be an excellent trade for a buy Anil, but not just yet:)
+1 Reply
As long as you have a plan and a strategy stick to it
+3 Reply
Interesting!
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:)
+2 Reply
Yes I have a plan and a strategy Anil.
Would not trade without it.
If it works, don't change it - I keep things simple,
with clean charts.
+1 Reply
Entered long already. Stop loss at 1.4040
+1 Reply
i AM SELL MY TARGET 1.3500
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Monthly looks tasty
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Do you think it is likely that Pound will gain strength next week?
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Hi! Thx for chart,Anil !!
When you spend the next free webinar??
you give usefull advice!
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i hope GBP/USD Up Trend

http://prntscr.com/aqkdcj
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And now.. It was correction or downtrend?
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Manic.Nick Manic.Nick
I think we will see 1.3850 soon
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Manic.Nick Manic.Nick
...Or 1.4340 after 1.4030-1.4060. Ok, we will wait ) Thanks for analisys, Anil.
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Hi Anil,

I'm a huge fan of your work and am an analyst myself specializing in elliott wave structure for banks and hedge funds. Regarding your analysis on GBPUSD, the elliott structure we're looking at sees massive resistance at the 1.4640 level (massive fractal resistance) and is a possible corrective irregular wave 4 of the current move.

I am actually confident that we will see an abc correction up to at least 1.4640 but to play to 1.4950+ is quite a bold move. Again, I respect your analysis and would like to know your thoughts on this idea we've been sending to some of our hedge fund clients :

The Definitive Elliott Wave Structure for GBPUSD (Daily TF)
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anilmangal PRO theforexarmy
Hi thank you for sharing. I am not counting this structure as a 1,2,3,4,5 motive structure. Join me today in my webinar @9 am NY time . I will be looking at this chart on the higher time frame.
Reply
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