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Bleck
Sep 27, 2017 4:32 PM

Ready to go down for many months to come !!! Short

British Pound/U.S. DollarFXCM

Description

The GBP/USD pair came 5 ticks to close the gap left after the Brexit ! Price has traced out a triple zigzag since October last year as per my count. This should mark the end of wave 4 circled. It is also an area of previous 4th wave at a smaller degree of trend. IF my count is correct THEN GBP/USD should start very soon a long journey back to below 1.19 over the next 12 months or so. This will then complete wave c red at a larger degree of trend ! Just my view !
Comments
Hectictraders
good idea
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