GbpUsd 22-feb completed ZigZag
-We knew in the service that cable did 5 swings
to downside (and not 5 waves)
-Trend in 4h and 1h turned lower.
-So, we expected another 5 swings to complete
the EW structure. (ZigZag)
-The pair is bouncing at the equal legs
from the cycle 1.6347 to 1.5652
-You can check the previous chart here
tradingview.com/v/cJ5M0LUk/
to downside (and not 5 waves)
-Trend in 4h and 1h turned lower.
-So, we expected another 5 swings to complete
the EW structure. (ZigZag)
-The pair is bouncing at the equal legs
from the cycle 1.6347 to 1.5652
-You can check the previous chart here
tradingview.com/v/cJ5M0LUk/
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