Sterling, 2 simple ABC correction before up?

3 июн. 2020 г.

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! ✌️

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3 июн. 2020 г.

Заметка

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)

11 июн. 2020 г.

Сделка закрыта вручную

Last night during FOMC closed it with about 530pips to find another buy later