market_waver

GBPUSD short update

Short
FX:GBPUSD   British Pound / U.S. Dollar
More detailed count. Seems we had 4th wave (blue) which is correction. I was expecting such kind of deep and sharp correction because according to Wave principles when 2nd wave is flat, then prepare for deep and sharp 4th wave, and vice versa, if 2nd wave is deep and sharp, then 4th wave is flat. Moreover, price is stuck to 0.618 fibo level.
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