lindomqadi23

lindomqadi23

Hello traders. Watch for long opportunities on gbpusd, there lies a correction wave (abc) typical of the elliott wave theory. Entry confirmations based on multiple time-frames : 30 min > double bottom + cloud covering (bullish) 15 min > double bottom > wammies (2nd touch higher than first one) 5 min > increasing channel MAJOR confirmation > support line around 1,29920

lindomqadi23

OANDA:GBPUSD Guys watch out the fifth wave of the elliott wave theory on the GBPUSD. Aggressive traders can enter any time now, as for passive traders I'd say wait for the market to break the low of the 3rd wave and enter your short positions.