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GBPUSD update: Wave Structure had changed?
British Pound / U.S. Dollar
Short
GBPUSD update: Wave Structure had changed?
By URIFX
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Jul 8, 2015
2
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1
Jul 8, 2015
Current wave overlapped wave 1 if we count from the last bull wave. So, the assuming that current wave was wave 4 become invalid.
Think about other scenario that price will form the structure 3-3-5 of flat pattern. Bear will continue after correcting up to bear trend line.
Elliott Wave
FLAT
URIFX
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