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fxmillions

Awaiting consolidation of some sort to trade the breakout

Livre sterling / Dollar américain (FX:GBPUSD)  
fxmillions  
FX:GBPUSD   Livre sterling / Dollar américain
gu GBPUSD Ending Diagonal
5
0
gu gbpusd endingdiagonal
GU is going nowhere. It seems that daily correction was broken to the downside. But if its really the case, we shouldn't have an ending diagonal like structure.
None the less, I will wait it out on this one. But awaiting some sort of consolidation to trade the breakout to either side. Most favorably to the upside.

Idées en relation

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EURNZD forecast based on the current wave count
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Is the complex wave structure of the GBPUSD daily flat complete?
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GBPUSD approaching a possible PRZ for a short?
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