GBPUSD a Wide Range Zone for a Longterm Short Trade

in #busy7 years ago

Gbp/Usd Analysis , Views and Setups

Screenshot_133.png

Traders,

Here are two charts on different timeframe telling different stories.
On 4h chart, a possible reflection point is there for a corrective wave.
On daily chart , the blue ABCDE wave form wave 7, and the end of the wave 7 should be in the orange zone which is quite wide so far, need more information later this wk to confirm a long-term short trade, otherwise, wave 9 is still possible.

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