Pound dollars in terms of Elliott analysis:
It is now at the end of wave 5, which forms wave A.
And the formation of wave b will be in the form of a zigzag. For the formation of wave a, the first Fibonacci target is 50%, which gives the price of 1.3380, Fibo 61.8, which is the price of 1.3330, and for the formation of wave b, it will return at least 61.8% of wave a. Which is specified in the analysis:
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
It is now at the end of wave 5, which forms wave A.
And the formation of wave b will be in the form of a zigzag. For the formation of wave a, the first Fibonacci target is 50%, which gives the price of 1.3380, Fibo 61.8, which is the price of 1.3330, and for the formation of wave b, it will return at least 61.8% of wave a. Which is specified in the analysis:
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade