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amags
Dec 25, 2016 10:25 PM

GBP amateur wave count Short

British Pound/U.S. DollarFXCM

Description

I'm learning and applying the knowledge I learn.

Green lines are PRZ
I will take a short if price follows arrows

Merry xmas !

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tradingview.com/chart/yJtAH8c6/

entry limit @ 1.23
SL above minuette 2 (I think its a minuette lol)
AB=CD pattern completes @ 1.232

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entry limit is at 1.2309****

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Alright so I'm confident in this analysis. But i didnt get an entry before the move. Gonna be some nice money when she decides to turn

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According to this analysis wave 5 is complete and so is correction (unless it morphs into more complex correction)

WIll trade after next wave 1 is complete and wave 2 pullback

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