GBPUSD weekly Elliot chart, 26.07.20
Hi All
This is the long term view for GBPUSD.
The structures are all confirmed with fibo rations and also RSI
There are couple of structures i cant not conform 100% with fibo and RSI but I have names them as they fit in the context and wave counts.
First this scenario is valid until we hit 1.29$
This scenario is confirmed if I can see a candlestick breaking through the box area Plotted on the chart
the box zone is calculated based on Reverse RIS (5ema) on 2-months chart and weekly charts
This is the long term view for GBPUSD.
The structures are all confirmed with fibo rations and also RSI
There are couple of structures i cant not conform 100% with fibo and RSI but I have names them as they fit in the context and wave counts.
First this scenario is valid until we hit 1.29$
This scenario is confirmed if I can see a candlestick breaking through the box area Plotted on the chart
the box zone is calculated based on Reverse RIS (5ema) on 2-months chart and weekly charts
Trade closed: stop reached
