It seems that Pound is forming a flat pattern here which includes 2 ABC corrections (see the image below of Daily chart)
We are expecting 2 scenarios:
1- A corrective short term corrective pattern here and then the continuation of the up move
2- A Daily 3 wave simple ABC structure which has a smaller ABC inside
💬 Please let me know your perspective on this
Happy Trading & stay green! ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖
🔗 Check out the "Related ideas..." in the links below too
➖➖➖➖➖➖➖➖➖➖➖➖➖
📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market!
Forexian does not take any responsibility for your decisions and/or trades.
We are expecting 2 scenarios:
1- A corrective short term corrective pattern here and then the continuation of the up move
2- A Daily 3 wave simple ABC structure which has a smaller ABC inside
💬 Please let me know your perspective on this
Happy Trading & stay green! ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖
🔗 Check out the "Related ideas..." in the links below too
➖➖➖➖➖➖➖➖➖➖➖➖➖
📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market!
Forexian does not take any responsibility for your decisions and/or trades.
Note
I found 2 similar situations, you can see one of them on Nov. 2016 in the image and can see a big ABC correction before take-off which has an ABC correction inside itself (maybe 2)Trade closed manually
Last night during FOMC closed it with about 530pips to find another buy later 
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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.