Wave-Trader
Short

GBPUSD Two possible pattern formation

FX:GBPUSD   British Pound / U.S. Dollar
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Watch GBPUSD Analysis video Dated 25 August 2016 by Wave Trader Trend Continuation patterns.

Youtube link for GBPUSD: https://www.youtube.com/watch?v=ww3zKS8Q...

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Comment: D wave in the triangle has just begun. If you have missed the move from top then Look for trend continuation patterns here is the update Guys.

Comment:
Comment: Please make sure you use reasonable stop loss for this trade setup.

Comment: broke up more than expectations. Pattern still valid watching for more sell.
Comment: Short still in favour. Here is the update.

Comment: Price action getting stronger at the top of the smaller channel.
Comment: Flat ABC formed now if we break up then we may see change in structure. Here is the update.

Comment: If price retest the top again then it will be ideal place to sell. Here is the updates.

Comment: Finally flat correction has completed watching for price action at bottom.
Comment: I was expecting short term sell setup near trend line. Currently we have short term sell setup under bearish trend line if price breakup bearish trend line then i will look for change in trend but currently i am expecting short term sell and buy setup from bottom after price action.
Comment: Did not show us solid price action for buy setup and hit the forecasted target amazing. Watching for further formations on this pair lot to come guys.

Comments

Unlike Anilmangal , you elaborate fully... Thank you.. Keep posting with elaboration, it helps like a mentor...
+4 Reply
TomPower arshadd
Anil is inaccurate and that can be deadly in this game
Reply
Very helpful post. Thanks.
+1 Reply
Wave-Trader fstrader1
My pleasure sir.
Reply
All your posts are helpful. Thank you.
+1 Reply
Wave-Trader fstrader1
Sir you feedback is very valuable for me thanks for your look at my charts.
Reply
thank you
Reply
nice
Reply
Fantastic. Thanks.
Reply
Great, almost the same setup. Thanks!

Reply
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