OANDA:GBPUSD   British Pound / U.S. Dollar
So basically, the way I have it drawn up as it did a 5 wave from the top, wave 5 being in the form of an ending diagonal. So, at this point, I would watch that 200 on 4hr to possibly give a buy setup in the form of flag. I circled where buy should have been from. I don't really feel like we can predict exact structure considering where we are at, but I drew up what I see as potential pattern. I consider it to be a buy setup and would think it would test that zone at least with a possibility of making some kind of flat pattern. Safest thing... Watch the 200 on 4hr, see if you get a smaller correction there. It can just break out, but watch out for a larger W-X-Y pattern to form. (That's the flat scenario I am showing). It's bout strategy.

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