Saturday, November 24, 2012

GBP/USD H1 & H4 Update

There are two ways to count this move:
1. Leading diagonal is my main count with the latest burst-up as a wave 5 throw-over.
2. 1-2, i-ii count which is very bullish as the price has reached the bottom of wave B (alt:4).

New High will invalidate Leading Diagonal count.

Seb




Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/gbpusd-h1-h4-update_24.html

No comments:

Post a Comment