Elliott wave count GPBUSD
This is what I see currently in this pair. I belive that in the next month there are 3 options where the price could go.
The first one is the black arrow, assuming that the wave B has finished and we are going for the C wave.
The second one explains that the B wave has not finished yet and it will be an expanding or contracted flat.
The third option shows that the price will be consolidating and then will go down to complete de WXY pattern.
The first one is the black arrow, assuming that the wave B has finished and we are going for the C wave.
The second one explains that the B wave has not finished yet and it will be an expanding or contracted flat.
The third option shows that the price will be consolidating and then will go down to complete de WXY pattern.
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.