GBPUSD DAILY IMPULSE SUBDIVIDED - 1H CHART

By ccerezo11
Hey guys,

Here's the other analysis I have been studying. GBPUSD

We have broken the daily ABCDE triangle, you can look at my past analysis linked to this idea.

Now we have a new downtrend impulse so we want to look for a sell.

We may have an expanded flat already over at the 0.382 Fibo and then we can trade the next flag or we could still have a zigzag correction until the 0.618 Fibo and then down.

Watch for both moves, I will update this idea with my final decission on the sell.

Carlos
Elliott WaveFlatGBPUSDgbpusdshortgpbusdforecastpalmtradersWave AnalysiswavetheoryZigzag
ccerezo11

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