ETHGBP before rising 24%. The analysis shows that the exchange rate is rising from an accumulation wave sequence. You can also see that you started copying the previous fractal in the figure at a 1: 1 size. If this copying continues, the rise of the second fractal may be accelerated. Therefore, current levels may be suitable for long-term entry.
This rally looks to be unstoppable. The extended fifth has developed a further nested wave one, which is currently retracing. The last peak resulted in a further top-side break of the acceleration channel and there has been no motive-wave re-test of the under-side of the acceleration channel yet. This pair is currently making a parabolic advance. Very long indeed!
