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British Pound / U.S. Dollar
Long
Updated

GBPUSD : Elliott Wave analysis on 1 hour chart

1030
GBPUSD chart analysis using Elliott wave.
Note
Price haven't exceed 1.4123 and we got downward move. it can go up to 1.4013
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snapshot
Note
Comment: why correction happened ?
please check my related idea. where I described that formation Bellow 1.4073 is corrective.
Note
BOOM!
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I knew it ! closing above 1.4123 is sounds like heaven. imagine how important this level is ! and how profitable it will be after breakout! that's why I love to trade GBPUSD.
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snapshot
1.4123 again declining. we got good profit in selling.
Note
it can reverse from 1.3950 if it's falling a bit
Trade-Technique
Chart PatternscorrectioncorrectiveElliott WaveFLATGBPUSDimpulsiveTechnical AnalysistradeTrend AnalysisWave AnalysisZigzag

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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.
Chart PatternscorrectioncorrectiveElliott WaveFLATGBPUSDimpulsiveTechnical AnalysistradeTrend AnalysisWave AnalysisZigzag
Trade-Technique

Related publications

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.