GBPUSD Wave 5?
GU on the weekly looks set to be climbing to higher highs from here. However the corrective wave on lower timeframe is not very convincing. It might a complex ABC wave. I will take the trade with a tight stop loss.
Confluence:
H4 divergence
Point of control
Lines up with Elliot wave rule
Points to take note:
Corrective wave is not clear
Confluence:
H4 divergence
Point of control
Lines up with Elliot wave rule
Points to take note:
Corrective wave is not clear
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