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Bishoptimmy

LEADING DIAGONAL POSSIBLE BREAK OUT

Long
British Pound / U.S. Dollar (FOREXCOM:GBPUSD)  
Bishoptimmy  
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis LONG Bullish Patterns Leading Diagonal diagonal 33333 zigzagpattern
3
1
trendanalysis chartpattern waveanalysis long bullish leadingdiagonal diagonal 33333 zigzagpattern
A Long position can be traded in the market, as the 5th wave tends to complete the zigzag pattern formation. If we count numbers of zigzags formed, it can be clearly seen the 3-3-3-3-3 Diagonal formation is almost complete. This signifying the possible break out to the 1.628 position.

Please kindly check the chart for details.
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