The closer look for the Ending Diagonal of 5th Wave on GBPUSD.
On the Daily chart, This is the closer look of Ending Diagonal(Bear Market) for Five Wave of the monthly chart.
An ending diagonal has occurred primarily in the fifth wave position which has subdivided waves 5-5-3-5-5. We have seen the complete cycling of Elliott Wave left side of the chart.
As per the Ending Diagonal - contracting, I have predicted that 5 waves of sub wedge shape move remain in downward, then we can see orthodox move upside from the bottom of it.
If I got support from you all, then I will update the exact area of trade opportunity from the 4-hourly of the chart.
----------------------------------Bigger Picture of GBPUSD : used monthly chart:--------------------------------
An ending diagonal has occurred primarily in the fifth wave position which has subdivided waves 5-5-3-5-5. We have seen the complete cycling of Elliott Wave left side of the chart.
As per the Ending Diagonal - contracting, I have predicted that 5 waves of sub wedge shape move remain in downward, then we can see orthodox move upside from the bottom of it.
If I got support from you all, then I will update the exact area of trade opportunity from the 4-hourly of the chart.
----------------------------------Bigger Picture of GBPUSD : used monthly chart:--------------------------------
