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rodolfomhn
Jul 16, 2020 1:13 PM

GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Retractive wave 2 corrected a little more than expected compared to my previous analysis.
Fortunately none of the entry targets have been reached. That analysis is out of character and this becomes effective.
We are at the beginning of Elliot wave 3.
The safest entry is at the break of the pivot, according to the second entry shown in the image.
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