InsideMarket

GBPUSD - Ending diagonal structure and narrow Rate of Change

FX:GBPUSD   British Pound / U.S. Dollar
Wave count sometimes get too heterodox. I have never seen an ED within an ED before and I do not even know if the Elliott literature foreseen them.

NEVERTHELESS, my analysis contemplates first and foremost the STRUCTURE OF PRICE. Everything else is just complementary.

This is a bold forecast and may appear ludicrous, but I am sure that it will be an advantage to trading.

Happy trading!

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