Forexian

Sterling, 2 simple ABC correction before up?

Viés de baixa
Forexian Atualizado   
FX:GBPUSD   Libra Esterlina/Dólar Americano
It seems that Pound is forming a flat pattern here which includes 2 ABC corrections (see the image below of Daily chart)

We are expecting 2 scenarios:
1- A corrective short term corrective pattern here and then the continuation of the up move
2- A Daily 3 wave simple ABC structure which has a smaller ABC inside

💬 Please let me know your perspective on this

Happy Trading & stay green! ✌️

➖➖➖➖➖➖➖➖➖➖➖➖➖
🔗 Check out the "Related ideas..." in the links below too
➖➖➖➖➖➖➖➖➖➖➖➖➖
📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market!
Forexian does not take any responsibility for your decisions and/or trades.
Comentário:
I found 2 similar situations, you can see one of them on Nov. 2016 in the image and can see a big ABC correction before take-off which has an ABC correction inside itself (maybe 2)
Trade fechado manualmente:
Last night during FOMC closed it with about 530pips to find another buy later


Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.