anilmangal
Long

GBPUSD in an upwards corrective trend.

FX:GBPUSD   British Pound/U.S. Dollar
7401 32 164
The GBPUSD             is making an upwards correction in a daily downtrend, trading these moves can be very difficult for traders who does not under stand structure and the possible ways it could develop. Corrective structures can be very complex and not that easy to identify, as seen in the first correction 'expanding flat'.
Yes it is not as easy as shown in text books or by drawing a couple arrows :)

Trade with care, follow your strategy (one you have tested) and use good MM.

Thanks for your support.
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Training : add to skype mangal457
Hey Anil, same outlook, thank you for sharing. All the BEST :)
+1 Reply
anilmangal TOP moneymaking
Thank you.
+2 Reply
Thx Anil
I am always following the forex rules . sell from the top and buy from the bottom
snapshot
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anilmangal TOP pyramids_Forex
nice!
+4 Reply
BhekiKennethRadebe pyramids_Forex
Which indicator is this I llik it....
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puretradelife PRO pyramids_Forex
maybe that rule is valide on all instruments, tought
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jaejames pyramids_Forex
nicely spot, but still gonna be cautious trading this pair unless it shows a good entry :)
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Thanks for sharing Anil
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Thank you.
+2 Reply
true, I have seen top trader copying your ideas and republishing it, sometimes he changes the time frame lol
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anilmangal TOP NidalDarawsheh
Everyone has their own view, I don't think anyone copy anyone's view. If my view happen's to be the same as another trader that does not means I copy ! I let's not post this kind of stuff.
+3 Reply
NidalDarawsheh anilmangal
I did not say you copy
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jaejames NidalDarawsheh
its pretty common to see people who will produce same view nor almost exactly same idea buddy
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Nice set up Anil. I have been following you for a while now and my account is slowly getting bigger thanks to you! I'm hoping to be one of your students in the coming months :)
+1 Reply
Thanks you. glad my post are helping.
+3 Reply
Thanks Anil, the same outcome :)))))
+1 Reply
That expanding flat was weird move. We might already have a 123?
Anyway I always check your posts Anil, thanks for posting!
+1 Reply
i am looking for same .. very nice
+1 Reply
let's see how it goes
+2 Reply
thanks for posting !
+1 Reply
great work... is there any update for gbpaud?https://www.tradingview.com/x/rl79Mt6g/
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Thanks for sharing Anil.
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snapshot
very nice setup anil and i am agree with your nice setup and here is my look quite similar with your one thanks for sharing
+2 Reply
I agree with you bigger picture view in terms of this consolidation. Thanks for sharing.

GBPUSD trade succesful
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U give me very happy Monday thank you.. here is why: We have a same view of this pair and its really make me happy because its mean im on the right path :) Thanks. 
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I think its near 1.43 now, are we expecting a turn around soon?
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NidalDarawsheh NidalDarawsheh
I think it still a good buy
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Anil, is this something you are looking to happen?

snapshot
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Hi, Anil. Do you have an update on this one, please?
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Hi Anil

Thank you for your accurate analysis, just as you predicted, now waiting for the up move.
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Why is this trade is still open?
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