Hey guys,
Here's the other analysis I have been studying. GBPUSD
We have broken the daily ABCDE triangle, you can look at my past analysis linked to this idea.
Now we have a new downtrend impulse so we want to look for a sell.
We may have an expanded flat already over at the 0.382 Fibo and then we can trade the next flag or we could still have a zigzag correction until the 0.618 Fibo and then down.
Watch for both moves, I will update this idea with my final decission on the sell.
Carlos
Here's the other analysis I have been studying. GBPUSD
We have broken the daily ABCDE triangle, you can look at my past analysis linked to this idea.
Now we have a new downtrend impulse so we want to look for a sell.
We may have an expanded flat already over at the 0.382 Fibo and then we can trade the next flag or we could still have a zigzag correction until the 0.618 Fibo and then down.
Watch for both moves, I will update this idea with my final decission on the sell.
Carlos
