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British Pound / U.S. Dollar
Long

GU Flat corrective structure!

By adambiers
Updated
Traders! What's up? Lookin' like a textbook flat forming here on GU. I'll be looking to go long next week! I will watch for a break to the downside for an expanded flat, but as of right now it appears to be respecting the lower structure! Setting up for impulse 5! :D

Thumbs up if you agree, and comment some feedback! I appreciate you ;)

Thanks for checking it out, and may the pips be with you!
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heres the weekly view. appears to be impending impulse 5. With greenback weakness I have a feeling that this correction will be rather complex. Lets find out!
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Hmm.. Expanded flat could be a possibility!
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Went very nicely, lets see where we go from here!
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maybe about time for the short!
abccorrectioncorectioncorrectivestructureElliott WaveFlatGBPUSDLONGswingtradewavetheory
adambiers
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