karlsmith87

GBPUSD Expanding Triangle

Long
FX:GBPUSD   British Pound / U.S. Dollar
Waves C, D and E each moves beyond the end of the preceding same-directional subwave.
Subwaves B, C AND D each retrace at least 100 percent but no more than 150 percent of the preceding wave.
A line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C.

Go long.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.