GBPUSD H4
D1, Using the MACD filter I only see 3 waves up so there is the possibility of one more higher high, market doesn't necessarily have to give the higher high and it could start to give corrective structure up giving break even trade
H4, Possibly expanding flat correction coming to an end, look for buy signals on lower timeframe's keeping tight SL
H4, Possibly expanding flat correction coming to an end, look for buy signals on lower timeframe's keeping tight SL
Note
GU we finally have TL break on H1 and bullish convergence on M30, not real impulsive but i'm expecting at least a deeper correction up to around 50fib retracement on H4 (1.3800)I'm looking for buys on lower timeframe still
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.