ZorgOros

Complement of GBP/USD wave count

FX:GBPUSD   British Pound / U.S. Dollar
deeper in 30m TF
first sub-waves ( green ) ( bearish ):
we had an impulse(W) and a correction(X)
( which explained by white )
now we are in another impulse wave ( bearish ) ( Y )
that could complete our correction ( green (Y)) and (major blue (4))

and

EMA 50 the purple line, can help us to better understanding sub-trends for this time frame


I would appreciate it if anyone write any comment about this idea.

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.