GBPUSD trend reversal
Welcome traders to this analysis on GBPUSD as i can see the trend is losing momentum and is showing a potential reversal WHY?
1.) The trendline is breaking.
2.) The 1-5 potential wave ended and a ABC correction is expected.
3.) Potential HnS.
Looking to short after trendline is broken (wave A) and we form the RS (wave B) targeting the HnS target (wave C)
-CryptonikLion
1.) The trendline is breaking.
2.) The 1-5 potential wave ended and a ABC correction is expected.
3.) Potential HnS.
Looking to short after trendline is broken (wave A) and we form the RS (wave B) targeting the HnS target (wave C)
-CryptonikLion
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.