ABDOLLAR_FX

GBPUSD, an elliot wave appproach

FX:GBPUSD   British Pound / U.S. Dollar
Elliot wave is one of the best technical strategies if it principles, are well applied.

On the GBPUSD chart, we can see that the fall on gbpusd was a retracement of wave 4 , the corrective pattern for this reteracement may not be accurately predicted until it completes, so we expect to go long after the completion of the minimum of a zigzag corrective pattern.

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