GBPUSD EW Count: Bullish Bat May Complete Double Zig Zag

FX:GBPUSD   British Pound / U.S. Dollar
Mornin' traders! The correction has continued into a double-combination channeling zig-zag . The zig-zag is currently in wave-iii-of-(c)-of((y))-of-X which is not the optimal tie to enter. In addition to the wave count, a bullish bat is complete at previous structural support and may act as a catalyst to start the sideways correction into wave-iv. Since my bias is bullish after the zig-zag completes, I will be waiting for an impulse upward before buying the pullback in order to trade this bat pattern . I will provide updates on this one as well. Happy Trading!
Comment: Great lesson for harmonic traders! Please don't let it go to waste.
your EW analysis wonderful. no words to express. i am using harmonic indicators of different ppl even scott carney. i am interested to learn EW please recommend books . regards
glennmercer RuhailKhan
Thank you Ruhail. PM me, I will direct you to some excellent resources
RuhailKhan glennmercer
your email plz?
Nice Work!!
glennmercer CurrencyWaves
Thanks CW!
Great Analysis, really wonderful
+2 Reply
glennmercer RuhailKhan
Thank you Ruhail, cheers!
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