Speculative Elliot Wave Setup Analysis H4

FX:GBPUSD   British Pound / U.S. Dollar
254 1
Trend has already bounced off (i) @1.30450 anticipating it to go up. It currently is in consolidation mode and any impulse below @1.30450 should bounce off (ii) @1.29985 or ( iii ) 1.29393. If it passed below this the analysis is invalidated. A retracement on the upward trend is expected at (iv) 1.31790 before upward movement continues.

Please note that my setups are not signals to trade but my own personal analysis and predicted direction. To enter a trade it must be validated by multiple different indicators and confluence factors.

GBPUSD D1 Running flat for more downside. Checkout the idea detail's and update's for the complete picture!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out