GBPUSD: Wave count
The last few weeks have broken my main idea and was need a time for understand what are happening and what will next.
Anyway, now wave count are looking more clearly than before, although I miss a good trend.
I remarked waves and now I think this pair are doing wave (c) of ((2)).
There wave 3 looks almost end and I wait a small decline to wave 4 which should continue to the 29 of June and next go up again to wave 5 with targets:
at 1.615 = 0.618 of retracement of wave ((1))
at 1.642 = wave (a) = wave (c)
When wave ((2)) will the end this pair will give a greatest opportunities for fall to wave ((3)) with target at 1.22-1.20
Anyway, now wave count are looking more clearly than before, although I miss a good trend.
I remarked waves and now I think this pair are doing wave (c) of ((2)).
There wave 3 looks almost end and I wait a small decline to wave 4 which should continue to the 29 of June and next go up again to wave 5 with targets:
at 1.615 = 0.618 of retracement of wave ((1))
at 1.642 = wave (a) = wave (c)
When wave ((2)) will the end this pair will give a greatest opportunities for fall to wave ((3)) with target at 1.22-1.20
Related publications
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.