Boon2

GBPUSD M30 ABC Down Looking To Buy.

Long
Boon2 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
M30 We have 3 down with bullish divergence between the A and C wave in the H4 internal wave B down, I'm looking for a impulse up and a flag to buy for the internal H4 wave C up.

Checkout my latest GU H4 Larger Correction idea to get up to speed on my H4 analysis thanks.

Good luck and trade safe!

If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!

Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
ALT Count M30. the importance of waiting for the setup before jumping into the buy. As we know a wave B can break the low giving a running or expanding flat on the H4. Be mindful of both scenario's.
Comment:
Ok so we are getting the ALT count, trade accordingly. See pic above.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.