GBPUSD LONG setup, potential ending diagonal

17 Eki 2015

Bearish immediately, which is in line with my Long USDJPY and short EURUSD view. But GBPUSD is forming a potential ending diagonal which may provide a very good long opportunity in the medium term.

17 Eki 2015

Not

Entry is around 1.5080-1.5100, stop loss at 1.495, where wave ((5)) will be longer than wave ((3)), and invalidates this ending diagonal count.