Firstly I'm going to greets you. I 'd like to share this Elliot Wave to GBP/USD from 14 November. The objective of this annalysis is to show a diagonal triangle or overlap waves 2 and 4. When we find this figure in this context, we have to look for the extended wave. In our case, the main wave is 1. We can see the next relations:
- Wave 1-3 is 61.8%
- Wave 1-5 is 38.2%
We expect this idea, if the pair break again the frontier we'll have confirmation.
Regards everybody
Beyond Technical AnalysisTrend AnalysisWave Analysis

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