gilbarbosa
Long

Possible wave count?

FX:EURGBP   Euro Fx/British Pound
28 2 6
If the wave count is correct price should start to go up big time. Since it is a monthly chart price will take a long time to reach the highs of wave 3.

Any ideas? Comments are welcome!
I have a different view on the higher time frame wave count.

In your chart.., Wave 4 inside Wave 2 territory.., not a valid count.

I see the below count fitting in the rule book.

Please share your opinion if you disagree.

snapshot
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gilbarbosa VijaySanghishetty
a year ago
Your count looks more real, totally missed my w4 in the wrong place...
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