FX:GBPUSD   British Pound / U.S. Dollar
92 4 2
wave 1 and 3 are equal waves making wave 5 a candidate for an extension if wave 4 retraces at .382% my short target after retracement would be at 1.19466
sorry i meant the 4th wave in wave 3 has 5 waves with it's 4th wave as a double zigzag correction made wrong labels on wave 3 sorry
Wave 4 is a double zig zag correction in green didn't bother counting wave 2 since waves 1 and 3 has 5waves within them. Numbers in green boarders are 5 motive waves in daily chart the blue ones are in weekly
Don't quite understand your count but good point about wave equality and certainly something I will take note of. Thanks. So many possible outcomes and wave counts with this one. Going to be interesting to see how it plays out. Never boring the GBP.
sorry about that didn't notice the labels were off haha adjusted the labels on wave 3 on 2nd post with the same pair and same wave count.
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