colinsheen
Long

GBPUSD LONG setup, potential ending diagonal

FX:GBPUSD   British Pound/U.S. Dollar
368 1 10
a year ago
Bearish immediately, which is in line with my Long USDJPY             and short EURUSD             view. But GBPUSD             is forming a potential ending diagonal which may provide a very good long opportunity in the medium term.
a year ago
Comment: Entry is around 1.5080-1.5100, stop loss at 1.495, where wave ((5)) will be longer than wave ((3)), and invalidates this ending diagonal count.
FullTimeTrader
a year ago
Hello, nice count, the ED would be and "ideal" scenario. From my point of view the rally already started. Thanks for sharing.
+1 Reply
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