WaveAnalysis
Long

GBPUSD Long Trade Setup

OANDA:GBPUSD   British Pound / U.S. Dollar
Hello traders.

I'm still expecting one more up impulse which will be the wave C for the completion
of the daily corrective structure. That's why I'm looking for long trade setups.
Despite the sharpness of the drop and the fact that we don't have any divergence,
the last up wave can be the reversal impulse, and it looks like it's making
a correction now. That's why I had placed an entry order, and now I'm in the trade.
My minimum target is 1.33 and the main target is 1.352.


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For more details and the daily updates please watch my daily analysis videos on Youtube.
Trade with care.
Bulent.
GBPUSD H1 Basic EW Structure.
Reply
@Boon2, So far not bad.
Reply
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