OK so it seems like it will make one more down move.
Comments
taniab
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channeling down near to the final?
Realisto_FX
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Technically I´m considering a bit lower level, but the Crude oil bullish impulse of last Friday puts this scenario at risk
moneymaking
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Hey anil, is it also correct to think about the 0-1 wave as the AB leg and 2-3 wave as the CD leg, making the abcd pattern?
moneymaking
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Like and abcd pattern within an abcd pattern, i don't know if that makes any sense. Sounds a little silly :(
anilmangal
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attach a chart to make it clear
moneymaking
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I just drew it on my chart, but I just realized that we never really got a full completion of the abcd pattern.
IvanLabrie
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Similar view Anil:
anilmangal
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Thanks for sharing
IvanLabrie
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Always nice to agree with good traders ;)
Let's hope no one likes this idea...the less likes, the stronger the Pound will rally, right? ;)
Have a great weekend!
anilmangal
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LOL Don't thinks so ,hope all who view it could either like or post a comment showing another view.