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British Pound / U.S. Dollar
Long

GBPUSD long opportunity

By Daniel_Sanchez_3
Updated
Long opportunity in GBPUSD pair. Triangle correction seems about to end. IF confirmed, bullish trend continuation is expected.
Comment
If the structure results invalidated, this might be looked at as a SHS pattern, taking the support line as neckline for SHS structure. If so, bearish continuation is expected for a while.
Comment
The support line has been broken, thus the current analysis has been invalidated so bearish continuation is expected for a while and must reanalyze looking for new opportunities.
Chart PatternsTrend AnalysisWave Analysis

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