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spencer03
Feb 23, 2020 6:57 PM

GBP-USD 

British Pound/U.S. DollarFXCM

Description

The yellow b of the black B landed exactly on EMA200, from where we could now expect a potential yellow wave c - in a complex, triangular shape with waves 1-5 (or ae), which, if this view is correct, then turns into a deeper yellow d should lead.
If 1.2815 is not left below, we could still see the wave e that closes the black B.
If the price develops according to this assumption, the black C-1 would be a good route for good profit with short.
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