Possible Wave 5 (?) GBPMXN
Educational Elliot Wave Count
We can see a market respect about of the wave 1 to wave 4, is it possible see a new bull impulse
Invalidation level could situate on level 78.6% of the fibonacci extension because there is situated the wave 1, another alternative stop loss can be in 23.07827
I speculate, following the Elliot Wave Principle, that the Wave 5 can go until the fibonacci extension zone: [61.8%--200%]
This is not a invest suggest , only eduational guide elliot waves
We can see a market respect about of the wave 1 to wave 4, is it possible see a new bull impulse
Invalidation level could situate on level 78.6% of the fibonacci extension because there is situated the wave 1, another alternative stop loss can be in 23.07827
I speculate, following the Elliot Wave Principle, that the Wave 5 can go until the fibonacci extension zone: [61.8%--200%]
This is not a invest suggest , only eduational guide elliot waves
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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.
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.