Wave 2 at the moment in GBPUSD.
I would like to see 50-61.8% retracement of the first wave as a guideline of my target. It could either be a flat or zigzag so far, though it looks like A =3 waves while B = 5 waves.
I would like to see 50-61.8% retracement of the first wave as a guideline of my target. It could either be a flat or zigzag so far, though it looks like A =3 waves while B = 5 waves.
Comment:
Idea invalid when gbp broke through the 1.2940 level on brexit update.