GBPUSD: Modified wave count
This analysis is the modification of my previous post.
Please refer to previous analysis below:
https://www.tradingview.com/chart/GBPUSD/nDUN2JYV-GBPUSD-Impending-Bullish-momentum/
The modification was based on rules in Elliott wave theory, however the overall expectation still remains the same.
📚Wave 4, must not enter the price territory of wave 1 in an impulse
🤔my internal count in green colour broke this rule, which is why I did the re-count. Regards!
Please refer to previous analysis below:
https://www.tradingview.com/chart/GBPUSD/nDUN2JYV-GBPUSD-Impending-Bullish-momentum/
The modification was based on rules in Elliott wave theory, however the overall expectation still remains the same.
📚Wave 4, must not enter the price territory of wave 1 in an impulse
🤔my internal count in green colour broke this rule, which is why I did the re-count. Regards!
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