glennmercer

GBPUSD Wave Count: Short-Term Rally After Wave-b Completion

Long
glennmercer Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hey traders! Looking to buy the completion of this wave-b, and this position will account for multiple variations of the sideways correction. The one variation however, that it will not account for, is an expanded flat. This is a real possibility with the volatility we're seeing from this pair so any entry should be pending confirmation of the completed correction with a rally on the smaller TF and should be entered with a cautious position size. More to come
Comment:
Traders! Looking good. Moving stop to B/E

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