GbpUsd 22-feb completed ZigZag
-We knew in the service that cable did 5 swings
to downside (and not 5 waves)
-Trend in 4h and 1h turned lower.
-So, we expected another 5 swings to complete
the EW structure. (ZigZag)
-The pair is bouncing at the equal legs
from the cycle 1.6347 to 1.5652
-You can check the previous chart here
tradingview.com/v/cJ5M0LUk/
to downside (and not 5 waves)
-Trend in 4h and 1h turned lower.
-So, we expected another 5 swings to complete
the EW structure. (ZigZag)
-The pair is bouncing at the equal legs
from the cycle 1.6347 to 1.5652
-You can check the previous chart here
tradingview.com/v/cJ5M0LUk/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.