WaveAlchemy

GBPUSD 4 HOURLY BEAR (ALTERNATE 3 - ASSIMILATION 1)

Short
FX:GBPUSD   British Pound / U.S. Dollar
3
Hi all,

So here is an update on alternate 3 count, since its confirmation (refer to linked idea). We are in the very early stages of a minute motive structure pink to the downside.

Minuette wave 1 green unfolds as an irregular impulse structure whereby the 5th wave is truncated. Afterwhich price established clear corrective patterns within subminuette reactionary structure orange that composes a wave 2 green to unfold as an expanding flat.

Confirmation = 1.43824
Invalidation = 1.46623

Ivan
Comment:
*count INVALIDATED*
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