GBPUSD LONG setup, potential ending diagonal
Bearish immediately, which is in line with my Long USDJPY and short EURUSD view. But GBPUSD is forming a potential ending diagonal which may provide a very good long opportunity in the medium term.
Note
Entry is around 1.5080-1.5100, stop loss at 1.495, where wave ((5)) will be longer than wave ((3)), and invalidates this ending diagonal count.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.