Wave-Trader
Short

GBPUSD Two possible pattern formation

FX:GBPUSD   Pound Sterling/U.S. Dollar
4296 17 129
Watch GBPUSD             Analysis video Dated 25 August 2016 by Wave Trader Trend Continuation patterns.

Youtube link for GBPUSD: https://www.youtube.com/watch?v=ww3zKS8QCIk

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Comment: D wave in the triangle has just begun. If you have missed the move from top then Look for trend continuation patterns here is the update Guys.

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Comment: Please make sure you use reasonable stop loss for this trade setup.

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Comment: broke up more than expectations. Pattern still valid watching for more sell.
Comment: Short still in favour. Here is the update.

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Comment: Price action getting stronger at the top of the smaller channel.
Comment: Flat ABC formed now if we break up then we may see change in structure. Here is the update.

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Comment: If price retest the top again then it will be ideal place to sell. Here is the updates.

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Comment: Finally flat correction has completed watching for price action at bottom.
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Comment: I was expecting short term sell setup near trend line. Currently we have short term sell setup under bearish trend line if price breakup bearish trend line then i will look for change in trend but currently i am expecting short term sell and buy setup from bottom after price action.
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Comment: Did not show us solid price action for buy setup and hit the forecasted target amazing. Watching for further formations on this pair lot to come guys.
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thank you
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nice
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Very helpful post. Thanks.
+1 Reply
My pleasure sir.
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All your posts are helpful. Thank you.
+1 Reply
Sir you feedback is very valuable for me thanks for your look at my charts.
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Fantastic. Thanks.
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Great, almost the same setup. Thanks!

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Thanks a lot, clear explaination
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Thank you for the update.
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