GBPUSD, Elliot Corrective Wave Expectations

1. In a 4 Hour chart, as we can see theres a perfect Elliot Impulsive waves.
After 5th impulsive waves, there must be an ABC Wave Correction.
so, here im tryin to figure out Where is B and C area.
SELL
TP @ 1.33500
BUY LIMIT
- 1.33450
- 1.33160
TP at expected C area
- 1.33450
(expected B Are between 61.8 - 78.6 Fibonacci level) and (expected C are fibonacci level Swing High from A to expected B point)
2. and There is Inverse Head And Shoulders pattern.
so theres is 2 posibilities for Cable.

STOP LOSS IS A MUST, Put somewhere based on your risk management system.

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.