The pair to trade in May...

FX:GBPUSD   British Pound / U.S. Dollar
2046 38 40
1. A perfect abc
2. An easy to make bull trap
3. An awesome "CS" setup
4. A long way to go down
5. Matching time / price oscillation frequencies

Wow ... what more can we ask for
Good luck
Comment: Possible bull trap in the making
Could finish materializing at 1.4750
Comment: This chart has been updated with a new one

Got 1.487 as a target for this wave
Ichimoku_Trader captain_smollett
well that's above WR2
I would be worried about my bull trap if we reach that level but then we can just do the CS setup

Let's see
captain_smollett Ichimoku_Trader
It still can be a perfectly valid bull trap. For W5 I got a target of 1.34 so... I was checking my setups and many of them looked like not counting with such a "dovish" FED. So, many waves are extended and over-extended. It´s all about the USD, just need to spot a moment when the market will decide to give it a rest
Ichimoku_Trader captain_smollett
But, I hope it doesn't go that high
My first trad, thank you for sharing your experience.
Ichimoku_Trader SalmanKhalek
Good luck
Hi Master,

let me see, we are waiting for a reversal signal as you told "how to trader..."?

Ichimoku_Trader MarcielSouza

Yes we are and it is getting exciting
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