đGBPUSD: a long-term triangle is forming!
ââ Preferred count
â British Pounds / U.S. Dollar 1:1 (GBPUSD),đTF: 30D
Fig. 1
A zigzag is expected to develop in wave (y), within which sub-wave b is formed in the form of a triangle.
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â British Pound / U.S Dollar (ICE), đTF: 2W
Fig. 2
The globally alternative scenario is marked in black, which will be described in more detail below.
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â British Pound / U.S Dollar (FXCM), đTF: 1D
Fig. 3
A sub-wave ⸠is formed within triangle b, which will take the form of a single zigzag (A)-(B)-(C).
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â British Pound / U.S Dollar (FXCM), đTF: 6h
Fig. 4
The zigzag structure of ascending waves suggests the formation of (A) in the form of an leading diagonal â a pattern wedge-shaped, subdivided into overlapping zigzags.
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â British Pound / U.S Dollar (FXCM), đTF: 45min
Fig. 5
Wave 2 is predicted as a double zigzag, in which sub-wave ⧠has formed a flat. A decrease is expected within the wave â¨.
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ââ Alternative count
â British Pound / U.S Dollar (ICE), đTF: 2W
Fig. 6
The global alternative scenario assumes that the a-b-c zigzag in (y) was completed at the level of 1.0349. It is possible to hold a part of the long position in the calculation for the implementation of this wave count.
______________________________________________
đ Elliott Wave Guide & Ellott Wave Archive âŹď¸âŹď¸
â British Pounds / U.S. Dollar 1:1 (GBPUSD),đTF: 30D
Fig. 1
A zigzag is expected to develop in wave (y), within which sub-wave b is formed in the form of a triangle.
______________________________________________
â British Pound / U.S Dollar (ICE), đTF: 2W
Fig. 2
The globally alternative scenario is marked in black, which will be described in more detail below.
______________________________________________
â British Pound / U.S Dollar (FXCM), đTF: 1D
Fig. 3
A sub-wave ⸠is formed within triangle b, which will take the form of a single zigzag (A)-(B)-(C).
______________________________________________
â British Pound / U.S Dollar (FXCM), đTF: 6h
Fig. 4
The zigzag structure of ascending waves suggests the formation of (A) in the form of an leading diagonal â a pattern wedge-shaped, subdivided into overlapping zigzags.
______________________________________________
â British Pound / U.S Dollar (FXCM), đTF: 45min
Fig. 5
Wave 2 is predicted as a double zigzag, in which sub-wave ⧠has formed a flat. A decrease is expected within the wave â¨.
______________________________________________
______________________________________________
ââ Alternative count
â British Pound / U.S Dollar (ICE), đTF: 2W
Fig. 6
The global alternative scenario assumes that the a-b-c zigzag in (y) was completed at the level of 1.0349. It is possible to hold a part of the long position in the calculation for the implementation of this wave count.
______________________________________________
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