UrielEvia

Possible Wave 5 (?) GBPMXN

FX_IDC:GBPMXN   BRITISH POUND / MEXICAN PESO
Educational Elliot Wave Count
We can see a market respect about of the wave 1 to wave 4, is it possible see a new bull impulse
Invalidation level could situate on level 78.6% of the fibonacci extension because there is situated the wave 1, another alternative stop loss can be in 23.07827
I speculate, following the Elliot Wave Principle, that the Wave 5 can go until the fibonacci extension zone:
This is not a invest suggest , only eduational guide elliot waves

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