GBPUSD is moving into a corrective structure having already completed waves A & B after an impulsive up wave. Price is dropping completing wave C and soon will reach a very strong level where we may have the completion of the ABC corrective pattern. A buy setup completion in this level will probaly signal the beginning of a new up move. I will update if anything bullish forms in that zone. For those who have no problem with a bigger stoploss at the 0.786 fib retracement we have the completion of a bullish gartley pattern
Like and follow for updates..!
Like and follow for updates..!
評論:
Pending Bullish Gartley
評論:
Price has reached the sell zone. We should now wait for a sell setup to complete based on a tested rules based strategy. I will personally wait for a wave pattern to complete at this level.
評論:
** price has reached the BUY ZONE
交易進行:
Although price has gone some distance from the time has entered the buy zone i had no setup completion till now that i do. So based on my strategy i will go with the setup below:
