johnmad

UK100 -Weekly -2019010-06

Short
johnmad Updated   
OANDA:UK100GBP   UK 100
I will post a few more Charts after this of how Price has behaved on this Wave Analysis as to where we are now.

Clearly we can see 2 Waves within one and an Elliott Wave(EW) Count Completion of waves 5-3-5-3-5 .

There is also possible Target's marked for future projections .

We have also completed an A,B,C (EW) and as for now all signs are Bearish.

I anticipate the there is an ab-cd where it is highly possible that Price should complete at Point (d).
Comment:
On the Daily Chart another Wave Analysis has just completed where Price has Hit the 1-4 Line and also created a new Wave Analysis on the 4 hr Chart , even though i am totally Bearish , Price could creep up a bit and even hit the top trend line but if this is a Face-out i will post anew possibility .
Comment:
The 4 hr Chart has 2 possibility's , i will continue to monitor this and post as time goes by.

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