karlsmith87

GBPUSD Elliott Channels for Top of a Wave 5

Long
FX:GBPUSD   British Pound / U.S. Dollar
Wave 2 Retrace between 38.20% and 50.00% of Wave 1.
Wave 3 is 161.8% of wave 1.
Wave 4 Retrace between 50-62% of Wave 3.

Expect Wave 5 to end on one of the two upper channel lines.

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