GBPUSD long and short (Supply Demand with Elliot Wave)

2020-02-04 22:15:06

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.
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Thank you and we will see next time
- Darius.