After GBPUSD has hit 200 ema a large Bearish engulfing candle has formed.
Wave 2 was a ZIGZAG pattern, rule of alternating Wave 4 has to be a Triangle or a Flat pattern
Waiting to see how price reacts at .618 retracement
Wave 2 was a ZIGZAG pattern, rule of alternating Wave 4 has to be a Triangle or a Flat pattern
Waiting to see how price reacts at .618 retracement
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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.