GBPUSD ElliottWaveCount 2hr

Wave (C) should consist of 5 waves, now we have only 3. It can go up to the next Fibo level, or to test upper trendline

Because of that I HAVE NO trade recommendation right now.
If it goes below red line, I will looking for short. Now I'm waiting, thank you.

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Kommentera:

Wave count gives advantage very often!