GBP/USD 4 hour chart (Bullish Prediction)

2020년 5월 16일

Hello Traders, I was doing some wave counting in the 4 hour chart GBP/USD and notice we are currently in the last corrective wave of an expanded flat pattern (Wave C). According to Elliot Wave Fibonacci guidelines wave C retracing points are 1.236(already broken) and 1.618 where it's getting close. RSI & Stochastic are showing some divergence on 1 hour chart as well which indicates a possible reversal.
My long entry set up for this will be once price hits 1.618 fib level and or price breaks above the top parallel channel line.

2020년 6월 7일

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