GBPUSD EW analysis flat correction complete - sharp reversal
A flat correction in EW analysis is a 3-3-5 pattern. Wave B of a flat may surpass the extreme of wave A. Wave c must be an impulse. Here the requisites of a flat corrective count are met where wave V is an exciting ending diagonal - exciting because, like triangles, ending diagonals reverse sharply, and travel at least to the beginning of the move quickly. I believe we will begin trending towards new lows in the GBPUSD, and EURUSD as well from this point. Im not overly bearish however, I believe these will be the last lows for a fair amount of time. See my link below for an example of how this count should play out.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.