Short
GBPUSD ABC CORRECTION COMING
GBPUSD Wave 5 of 5 is not yet completed and will probably reach 0.618. Until we see a divergence between the EWO and price (wave 3 peak to wave 5 peak), wave 5 is considered not yet completed .
Once wave 5 of 5 is completed, an ABC correction will start and the price should break
1.37668 down
WAVE 5 is usually = wave 1 or 0.618 or 0.38 of wave 1-3
Wave 5 will be confirmed completion by breaking
1.37668 down .
On the lower M15 we are still in wave 4 of 5 .5
Good Luck
Once wave 5 of 5 is completed, an ABC correction will start and the price should break
1.37668 down
WAVE 5 is usually = wave 1 or 0.618 or 0.38 of wave 1-3
Wave 5 will be confirmed completion by breaking
1.37668 down .
On the lower M15 we are still in wave 4 of 5 .5
Good Luck
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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.