GBPUSD Newbie analysis using Elliot Wave

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

waveanalysis trendanalysis chartpattern gbpusdshort

Here is my forecast, Technical analysis on GBPUSD Using my newly learned Elliot Wave.

DISCLAIMER: This is NOT a trade signal, this is for research / analysis purposes only. The purpose of this post is for education especially for newbies like me.

feel free to comment your suggestions/ guidance or your own analysis. feedback would be gladly accepted

Comment:

So far Analysis has been correct with minor adjustments to cater timing of directions. but so far retracement levels are respected (Except for the Green (3) which became in level with green (5))

Comment:

Trade active:

So far the Elliot Waves are still holding though some minor discrepancies

Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.