Bigger picture, possibility that wave 2 is now complete is high. We are looking to trade the next impulsive wave down Note the invalidation level
Still busy with wave C. See invalidation level. If close below 1.02330, then we might see a deeper advanced correction level
This might even now be a zig zag correction 5-3-5
After impulse wave, always wait for abc correction pattern Now just wait for wave b and c
wait for the abc correction to end Maybe next week will be great selling opportunities
Bat pattern and wave count. Correction complete? always buy correction in 3,7 and 11 waves GbpAud now 7 waves down
Very complex correction We are bearish from here
4th wave busy completing bullish flag 4th wave usually turns around 38.2% - 50% of wave 3
Wave C complete? After impulse wave 1 - always a 3 wave correction Wave C - usually ending diagonal Wait for break above resistance - really big potential here
Wave 3 complete? Wait for 38.2% retracement before buying wave 4
First Impulse completed, wait for 3 wave correction before next big decline