Hello Traders !
According to the Elliot Wave Analysis we can see that we are right now in C Wave which consist of the 12345 Pattern.
I expect the price to move higher and then to drop a lot.
Confirmation for buy was the nice h4 reversal candle and the Demand Zone.
What do you think actually about Elliot Wave? Do you use it? I am combining it with Supply Demand in order to determine the exact direction of the price and the Supply/Demand Zone I use for the perfect entry.
Let me now in the comment section below your view on GBPUSD and what you think about my Analysis.
Please leave a Like
Thank you and we will see next time
- Darius.