Dear all,
I expect a "head and shoulder" pattern at GBPUSD to be shaped. The current rise is a TRAP. I assume this is "just" wave c of the ABC correction.
After forming wave ii, Price might impulsively fall in wave iii.
Once wave ii is formed, I will update the post with more information. Stay tuned.
Merakshi
I expect a "head and shoulder" pattern at GBPUSD to be shaped. The current rise is a TRAP. I assume this is "just" wave c of the ABC correction.
After forming wave ii, Price might impulsively fall in wave iii.
Once wave ii is formed, I will update the post with more information. Stay tuned.
Merakshi
Trade active:
Trade active. Nice EDT in 1 min. with a throw over.
Comment:
it seems we didn't fall into this trap :-)
Comment:
Nice momentum. Hope did not miss it.
Comment:
My trade is ongoing. I still expect the downtrend started at the rectangle area. This should be the SL.
Order cancelled