A bearish flat is approaching to an end?

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Wave Analysis Elliott Wave Chart Patterns FLAT

waveanalysis elliottwaves chartpattern flat

It simply looks like a three-waves correction after an impulsive decline

Comment:

possible bearish interpretation on the daily chart

snapshot

Comment:

Weekly Chart shows a potential wave (5) decline

snapshot

alter count red (A)-(B)-(C)

Comment:

Micro count also fits with the bearish outlook

snapshot

Comment:

this corrective pattern could be bit tricky

snapshot

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'

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