GBPUSD - possible another pullback from SMA

British Pound/U.S. DollarFXCM

Description

⋅ Oct 18, 2016 3:20 PM

If we see another pullback from the 144 SMA, there'll be an opportunity to have wave {v} of 3

Comments

megim

⋅ Oct 18, 2016 5:07 PM

Shouldn't the blue (v) be at least 1 pips lower than the blue (iii) according to Elliots theory?

WaqasRaja

⋅ Oct 18, 2016 5:10 PM

Truncated / failed (v) ?