GBPUSD LONG TRADE, WAIT FOR MORE CONFIRMATIONS IF YOU MISSED THE ENTRY GIVEN.
Trade with the order. Longer term looking at a sell towards the large blue zone on the downside towards or bouncing on the downwards trendline.
Good chance for it going bullish, needs to cross the MA's and a candlestick reversal pattern would be amazing!
Please use your risk that your account can handle, it is the monthly time frame so over a long period of time will the trades come in profit. Or you can use it with your analysis to only take short trades within the next month or so.
Just got short confirmations, close when 30 pips in profit then trail.
It is now the time of a short on the GBPUSD as it is in the last stage of the ABCD pattern. I feel that it may go lower but the highlighted zones are the areas which are quite important!