WaveAnalysis

GBPUSD Long Trade Setup

Long
FX:GBPUSD   British Pound / U.S. Dollar
Either the green 12345 or the expanding flat between the green lines should be the case. If it's 12345, we will have a correction and more downside. But my expectation is an upward impulse after the expanding flat, which should be over at the blue C. Then it came a strong upward impulse and a correction, which might be over. So, we may have a reversal impulse, and correction, which is in the making. Now, I'm waiting for a complete correction to place a pending order over the last top with SL under the correction.
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