Hello Traders,
GBPUSD got to the point when it's making a bigger correction just after the Weekly Trendline been broken.
What is that mean ? - It means that now we are waiting for a bigger confirmation pattern to form and once the pattern is finished, we will try to get in on the low and ride this beautiful big move to the upside.
Probably its going to take the whole next week to form on the 4h timeframe, but while we are waiting for that, we can have a few short term trades.
This is a very nice pattern so far, I don't see any signs for the downside.
Keep this pair on your watchlist because it will have a lot of nice setups to buy. Will explain more about it in the WEEKLY OUTLOOK video that im doing Sunday Afternoon UK time.
Trade Safe - Trade Simple
Alex
GBPUSD got to the point when it's making a bigger correction just after the Weekly Trendline been broken.
What is that mean ? - It means that now we are waiting for a bigger confirmation pattern to form and once the pattern is finished, we will try to get in on the low and ride this beautiful big move to the upside.
Probably its going to take the whole next week to form on the 4h timeframe, but while we are waiting for that, we can have a few short term trades.
This is a very nice pattern so far, I don't see any signs for the downside.
Keep this pair on your watchlist because it will have a lot of nice setups to buy. Will explain more about it in the WEEKLY OUTLOOK video that im doing Sunday Afternoon UK time.
Trade Safe - Trade Simple
Alex