GBPUSD--1500 Pips...3rd Wave Down Post 2nd Wave till 1.5000

FX:GBPUSD   British Pound / U.S. Dollar
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Cable--I warned that we are moving up in 2nd Wave & maximum upside expected was 1.5130--1.5150 or maximum 1.5500--1.5550 which will retrace 80% of 1st Yellow Wave....This Downside Explosive Movement confirmed that 3rd wave is under play...As per last update--"GBPUSD-Possible Jump in 2nd wave till 1.5150 "-- I warned do not get trap on long side of pound....Look it has unfolded in similar fashion.....In Dollar Yen as well we kissed our target zone -106.75 before crashing down & going to 98 levels...105.05 was crucial resistance which one should have taken as important support on polarity reversal basis-where support turns into resistance & resistance turns into support. Regards, Abhishek             H.Singh, CMT
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Yes...Because post (1) st Wave there is 3-Wave Structure making high@1.5931....3 Wave Structure's are corrective so it is impulse...but if GBPUSD starts trading above 1,5931--it should become (A)--(B)--(C) structure...but the fall which we had yesterday from 1.4850...clears that it is 3rd wave of 3rd wave...so you know what...EURUSD also will collapse....India Nifty too...Dollar Index till 105....July--Aug--Sep...2016 going to be tough..Regards
are u sure (1) is impulse ?
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