WaveAlchemy

4 HOURLY BEAR (ALTERNATE)

Corto
WaveAlchemy Actualizado   
FX:GBPUSD   Libra esterlina/Dólar estadounidense
Hi all,

Alternate Hypothesis: "if price fails to complete higher highs, it will reasonable to assume that the subminuette motive structure has completed and to therefore expect a major trend reversal from recent orthodox highs at minor degree."

Minuette wave c green is equal in length and quality of minuette wave a, within minute wave structure.

Price is currently located at an unestablished negative trend line. This trend line alone would not hold much significance, however price is
concurrently located in a zone of a long held and fairly reliable structural resistance.

*Targets will be determined once this count is confirmed and position is live*
Orden cancelada:
*count invalidated*
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