Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPUSD Elliot Triangle play
British Pound / U.S. Dollar
Short
GBPUSD Elliot Triangle play
By sbaharis
Follow
Follow
Oct 6, 2021
2
Oct 6, 2021
On D1, we see price is moving in an expanding pattern, following the ABCDE pattern. on H4 the rising wedge broke, following the same ABCDE pattern.
Placing a short with TP at 1.618 extended fib but slightly higher, targeting round number of 1.330
Chart Patterns
Trend Analysis
Wave Analysis
sbaharis
Follow
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
.