GBPUSD WAVE STRUCTURE!

Jun 18, 2016

GBPUSD STILL IN A 240 UP TREND CORRECTION AND LOOKS LIKE IT CAN BREAK THE DOWN TREND FOR THE NEXT IMPULSE TO THE UPSIDE. IF IT IS A THREE WAVE STRUCTURE IT CAN BREAK UPSIDE FOR UP TREND. IF BREAK DOWNSIDE WE CAN SEE ANOTHER WAVE TO THE DOWNSIDE WHICH MAKES THE FIVE WAVE STRUCTURE. CURRENTLY I AM LOOKING FOR UPSIDE, WE HAVE DIVERGENCE IN DAILY AND WEEKLY TOO. SO IT CAN BE THREE WAVE. LOOK INTO 240 TIME FRAME FOR BUY SETUP!
LETS SEE WHICH WAY IT WILL GO!
THANK YOU
HAPPY WEEKEND
KEEP FOLLOWING AND SUPPORT

Jun 19, 2016

Note

240 overview

Jun 21, 2016

Note

Jun 21, 2016

Note

Correction before any buys.

Jun 22, 2016

Note

Jun 23, 2016

Note

Anther scenario. We have divergence in play in daily!