EverythingForex

GBPUSD: Daily Chart - Watch Closely To Catch A Wave 3

FX:GBPUSD   Livre sterling / Dollar américain
WAVE COUNT
So here in this Daily chart, I've broken down the recent decline from the high at the end of wave (a). It was a 5-3-5 ABC Zigzag wave (b) of the larger abc wave (2). If that is correct, we should see the next move a wave (c) up.

PATTERNS
The pattern of importance here is a COMPLETED Crab (blue) in which prices are and have been testing it's entire PRZ and have been halted at the 3.618 BC extension of that crab. I've drawn a POSSIBLE Bat on the chart (gold) that if prices were to follow the path I've outlined, will become a POTENTIAL Bat. For now, it is not relevant yet.

SPECIAL Report on the S&P 500. Read it here. It's FREE: bit.ly/2KGJ409spx818
Mailing list: bit.ly/2iNieEY
Facebook Group: www.facebook.com/efxselect
Twitter: @andrewefxselect
Website: www.efxselect.com
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.