so the pound is not gonna be same as in previous as i thought and brake the bottom, that is what i expected at first, to be some zig zag correction... ull find it in comments...
just stare a bit in the purple B wave and see its complexity.. thats why its so hard to get to ride the B wave.
but as it brake the bottom that means we r in making on wave C.
so the possibilities here are that it can be finished as it is, cose it has 3 complete sub waves in it, and it broke the low.
and one of the possibilities is that it can correct once more and give us another brake down to form a diagonal.
im expecting ending diagonal with deep D wave simply cose its at the end of the correction.
now if that drop follows it can end around two supports. first would be at 1.13fib. and next is at 1.272fib. in rare occasions it can stretch to 1.414
but any way need to follow so we can see what will come up..
just stare a bit in the purple B wave and see its complexity.. thats why its so hard to get to ride the B wave.
but as it brake the bottom that means we r in making on wave C.
so the possibilities here are that it can be finished as it is, cose it has 3 complete sub waves in it, and it broke the low.
and one of the possibilities is that it can correct once more and give us another brake down to form a diagonal.
im expecting ending diagonal with deep D wave simply cose its at the end of the correction.
now if that drop follows it can end around two supports. first would be at 1.13fib. and next is at 1.272fib. in rare occasions it can stretch to 1.414
but any way need to follow so we can see what will come up..
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