EverythingForex

GBPUSD: Do You Want To Catch A Wave 3?

Long
FX:GBPUSD   British Pound / U.S. Dollar
A month ago, I said that this pair was "Looking to Get HIGH" and I called it ""A PRIME Opportunity Is Setting Up! Don’t Miss It!". Since that post, GBPUSD shot up over +450 pips. That prediction was based on the fact that my wave count and the patterns were predicting a wave (3) in progress. Which it seems to have been correct. Here's the chart from that post:
Then 20 days ago, I said it was "Time for a Retrace" and it went down over +400 pips. Well, following any wave (3) would be a wave (4). And that was what I based that SELL call on. Here's the chart from that post:
Well, here we are. I am now seeing that the wave (4) was most likely done. So if that is correct, then this pair is currently in its' wave (5) up, right? And not only is it in the wave (5), according to my count, the wave 1 is completed and now the wave 2 could be done or very close to being complete. If the wave 2 is complete or when it completes, then of course we will be seeing the wave 3 of (5). And that wave 3 should take things to new highs.

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Comment:
Wave 3...enough said.......
Comment:
Up +190 pips on this trade. Now reaching a significant resistance zone in the MAJOR (M) SR zone. Watch PA for signs of reversal.


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