GBPUSD HOURLY BULL (ALTERNATE 2)
Hi all,
Here is the modified count for alternate 2. Instead of a regular flat, price managed to put in highs well beyond start of wave a orange. Therefore current structure development for minute wave 4 green could be a running flat.
Invalidation = 1.44744
Here is the modified count for alternate 2. Instead of a regular flat, price managed to put in highs well beyond start of wave a orange. Therefore current structure development for minute wave 4 green could be a running flat.
Invalidation = 1.44744
Comment:
*count invalidated*
Comment:
As price action develops its structure. I will assimilate current structure development with this count.
A deeper retracement (that may not move beyond the end of wave 1 green) may be an expanded flat. For this to be confirmed, I must observe the unfolding of a legitimate motive structure development at subminuettte degree orange.
A deeper retracement (that may not move beyond the end of wave 1 green) may be an expanded flat. For this to be confirmed, I must observe the unfolding of a legitimate motive structure development at subminuettte degree orange.
Comment:
*Alternate 2 INVALIDATED*
Wave 4 may not move beyond the end of wave 1
Wave 4 may not move beyond the end of wave 1
