WaveAlchemy

GBPUSD HOURLY BULL (ALTERNATE 2)

Long
WaveAlchemy Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
6
Hi all,

Here is the modified count for alternate 2. Instead of a regular flat, price managed to put in highs well beyond start of wave a orange. Therefore current structure development for minute wave 4 green could be a running flat.

Invalidation = 1.44744
Commentaire:
*count invalidated*
Commentaire:
As price action develops its structure. I will assimilate current structure development with this count.

A deeper retracement (that may not move beyond the end of wave 1 green) may be an expanded flat. For this to be confirmed, I must observe the unfolding of a legitimate motive structure development at subminuettte degree orange.
Commentaire:
*Alternate 2 INVALIDATED*

Wave 4 may not move beyond the end of wave 1
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.