GBPUSD Watch top for short

Por Wave-Trader
Actualizado
Hi fellows. If you were following me on GBPUSD since last couple of months then you remember that what we were looking for on this pair. We were looking for short from top. So finally we got the bearish trend and now we are looking for trend continuation. For short pay attention at the top for price action. In case price break up i will remain short on this pair. It seems to me that upside it limited for next couple of days and GBP pairs has huge potential for downside. Good Luck fellows.
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Hi fellows as you can see price has slightly break up the trend line. It has not changed the pattern formation or the bearish trend. So we are still short. Watch price action and look for sell. I am not anticipating 100% retracemnt of the impulse. Good luck fellows
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Here we got the nice price action fellows. Now watch for the breakdown of the channel here is the update and Good Luck. imagen
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15 minute flag is forming outside the channel watch for breakout fellows.
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Watch breakout. imagen
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We are still short on this pair here is the update. imagen
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Breaking good luck fellows enjoy the trade
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Be patient further downside is possible
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We are having again same flag on 1hr time fram watch for breakout of that flag again I hope this time we gonna see breakdown. In case we don't gonna see breakdown then sell this pair from top agai I will update the chart soon. Good luck fellows.
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Here we got the update fellows. imagen
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We have a news event on GBP pairs and I am not looking for GBP pairs strenght I am looking for more downside even breakdown of this channel. In case price do not continue and bounce back from the bottom or reverse back from current price we will not be buyer there we only be sell again from top of the channel. Those who are in just enjoy your trade and look for breakdown and those fellows who are not hope for the price to come back at top again and then look for short. Always remember when there is volatility in a specific pairs tight stop so not works all the time so always use reasonable stop and give your trade some thing to breath So that price can move in to your favoure. Good Lukc fellows
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Be patient fellows. We are in daily sideways correction. I mean TCP formation.
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Hi fellows we are still in Daily Trend continuation pattern. Watch top for short if you are not in. Those fellows who are in be patient. here is the update. imagen
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The we are anticipating on this wave has completed but price did not continue for further lows. This means that we are going in the bigger daily sideways trend continuation pattern formation. Watch same top for short again but this time no early sell because price is rising sharply so it can form new high at top and can extend the pattern ranges. In case price do not hit the top and fall down before hitting the top then we will sell on shart fall. Here is the update. imagen
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GBPUSD Watch top for short again
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Elliott Wave
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