GBPUSD-EW long term analysis-nice leading diagonal forming

FX:GBPUSD   British Pound / U.S. Dollar
742 2 19
A textbook leading diagonal is forming, a 5-3-5-3-5 structure.
We can see also perfect ratios between alternate waves:

wave 3= 0.61 wave 1
wave 4= 0.61 wave 2

I expect a final wave 5 to form reaching 0.61 wave 3 near round level 1.6000. Im opening a long position now but watching the price action closely, the target shown is just for information purpose.

After the 5 wave completion i will be looking to sell expectign a strong decline.

Best regards
like what i was thinking...agree with you...
I was beginning to think this was possible.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский