So, I'm sure by now you all know how GBPUSD loves to catch people using the expanding flat correction !!!
I seem to have spotted one that is on its last leg of the intermediate wave (5) of the larger wave ... this is a great opportunity for a short-term SELL position to complete the wave of the "expanding flat" correction ...
For a lower-risk trade, you could wait for the correction to complete before taking out a BUY for a longer-term TRADE
I seem to have spotted one that is on its last leg of the intermediate wave (5) of the larger wave ... this is a great opportunity for a short-term SELL position to complete the wave of the "expanding flat" correction ...
For a lower-risk trade, you could wait for the correction to complete before taking out a BUY for a longer-term TRADE
Trade closed manually