GBPUSD correction short, then long

11 de out. de 2024

Hello, i think we are forming a head and shoulder pattern on the Day timefram. Looks like right now we are going to make the wave B to the 1.32712 level and then the wave C wich will bring us down to our trendline (also the end of wave 4 of wave 3) So for now ill try to short it down from 1.32712 to the 1.26259 level. There i will enter a long with my stops below wave 2 of wave 3 (1.24453) Take profit at 1.41705. Let me know if you see it different.