GBPUSD : Trace of Elliotte wavs in H1

Por Mohammadrz96
Actualizado
here we tried to trace the Elliott waves in the H1 time frame of GBPUD, so as showed we estimate the start of first correction wave. i.e "A" wave. be careful about the next moves. after completion of the "A" wave, you can anticipate the "B" Wave in the opposite direction of it. but as you know there is much possibility in form of an "A" wave. so wait for completion and then buy GBPUSD.
Comentarios
its a time to buy up to 1.26400
Comentarios
stop-loss 1.25800
Comentarios
its seems the "A" wave is simple wave and also "B" wave is formed as simple. so the the "C" wave is in the PRZ region about 1.25600. i.e the sell is better idea now up to 1.25600
Comentarios
totally the situation is some high risk because after completion of the "C" wave, the trend tend to back in the main direction. i.e back upward.
Comentarios
it seems we were wrong about the A wave. as you can see the B wave now completed and the wave C started. I post the possible target of C wave in the next updated post.
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