Looking generally to the GBPUSD in long interval , weekly specifically , we can see where we are going and how to trade this in daily or intradaily intervals . It shows a clear 3 waves down , 2nd wave is sharp , 4the wave should be side ways either Flat or Traingle . fast traders can trade between the trends of the triangle , position traders can take a sell...
A strong wave expected to hit a price between 6.86-8.88 with increase in volume . keep an eye on this .
Probability of strong breakout towred 430'4 . since we got 1st wave as a Leading Diagonal there is a chance to get an extended 3rd wave . We alreday broke up all moving averages 20,50, 200 . keep an eye on this .
Copper is moving in a daily channel . target is the lower trend . best luck .
I think sooner or later we got/still in an ending diagonal wave at an end of a ZZ correction .either to break out and go up or to go down and finish wave c then go up targeting price above 103.80 .. keep an eye on this .
need to break down neck line with high voulme in 1 hour interval . target is down , best luck
Possible sharp move down after this correction will end targeting 1.03495. Keep an eye on this .
an ending diagonal at an end of impulsive indicate correction . Expecting ABC correction down below wave 4 .