melvinljw

Bullish GBPUSD, Elliot Waves

Long
FX:GBPUSD   British Pound / U.S. Dollar
Following my identification of this as a bullish trend. We are in an expanded flat pattern, current C wave flush downwards.

We begin counting wave 5 of 5 of C that is close to terminating, as what looks like an ending diagonal. the last wave downwards seem to be missing, as such will be expecting one more push down to perhaps to the low 1.35s.

Currently pending long.
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