British Pound / U.S. DollarUpdated GBPUSD 4H Elliott wave Analysis
GBPUSD made a strong move to the downside
Extended wave 3 and a triangle currently as wave 4.
Should make one lower low with divergence across 4H indicators
Then we finished the 5.Wave of the 5.Wave of Wave C.
Could happen really fast due to FED & BOE rate news.
Watch out and wait for clear buy signal on 4H around marked area.
This is no investment advice only for educational and every strategy should first be tested on a demo account.
Extended wave 3 and a triangle currently as wave 4.
Should make one lower low with divergence across 4H indicators
Then we finished the 5.Wave of the 5.Wave of Wave C.
Could happen really fast due to FED & BOE rate news.
Watch out and wait for clear buy signal on 4H around marked area.
This is no investment advice only for educational and every strategy should first be tested on a demo account.
Note
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.
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.