ABC System. The price is struggle to complete wave C, so i think it Will farm wave b (blue) 1.2870-1.2900. I Will not Trade wave b, Just wait untill clear then sell again. Update target 1.2605 Ok Good day
Next target 1548-1540. Pullback then 1500
Target 100% 1.2680. If price break Red Line then next target 2470 and wave wxy turn to 123
Finally GU is falling down. Target to reach redline
In daily tf this is retest. H1/H4 is uptrend, potential create inverse h&s before break out
Dont sell remain buy. Reasons: 1. Correction wave 4 finished, current price is in wave 5 2. Price break trendline and retested 3. If you Dont belief then check usdjpy. Yes i now GBPUSD is down but usdjpy gets higher and higher 4. Next target is 146 I think i Will update in lower timeframe
Buy idea. Break and retest, sl below box. Target Just follow