Momentum is building up , not a financial or trading advise.
According to the weekly chart, the price can break the orange channel and start an upward trend
Hello, Traders! GBP-USD is trading in a rising channel And we can see bearish reaction after it hit channel resistance I am overall bullish on GBP-USD But I think that a healthy correction within a channel will happen Thus, I expect it to FALL to support confluence And then to go UP again. Now local short! Like, comment and subscribe to boost your trading!...
short term sell for correction, then be ready for next leg up
wait for break out or break down to enter with appropriate stop loss
USDGBP Time to BOUNCE BACK UP -
EURGBP Buy Opportunity , Wait for the break out which may happen next week Enjoy..
And looking like it might sink a little more. Here on the Rule of Alteration in Elliott Wave Theory, I am betting on a zig zag. Again... Great ! because we can suddenly try to estimate a pivot and thus establish FibGoals. Going down, Fibgoals are there. Not financial advice, do your own research.
Price play very well😊, i'm hoping all of your guys did very 💵💵💵😊well during this correction move. As we explain later, that we might be ending wave x or expecting a new bear.. Price decided to give us a beautify w-x-y pattern to finalise wave b.. What next now ? Please validate this pattern and if prove valid then expect angry bulls for wave c.. Will give...
If price prove to complete wave x at this point, then expect bulls for wave y of c to complete B, Please, make sure you validate this wave before placing any trade because structure it now clear at this stage.. We might be in a correction of w of in a complete new bear... All the best....
What a beautiful move 😊 I'm hoping all of you did very well and Grub a lot of pips 💵💵💵😊. As we said it possible for price to continue pushing up to level (1.31729), and if it does push up then our wave (x) will become an incomplete wave (3) of wave (c) of (b).. Now you can take your BIG Profit..💵💵💵😊 And wait for the wave to validate itself again for next...
What a beautiful move 😊 I'm hoping all of you did very well and Grub a lot of pips 💵💵💵😊. As we said it possible for price to continue pushing up to level (1.31729), and if it does push up then our wave (x) will become an incomplete wave (3) of wave (c) of (b).. Now you can take your BIG Profit..💵💵💵😊 And wait for the wave to validate itself again for next...
I'm 😊 hoping all of you did very well and Grub a lot of pips 💵💵💵😊. Price moved exactly as expected😊 Now, if you are still in, please manage your trailing stops. If price prove to end wave (x) here as expected, Then expect wave (y) either sharp or choppy to complete the pattern... Please, make sure you validate this wave before placing any trades because it...
GU try to create I H & S in 4h timeframe with hidden Bullish divergence.