FX:GBPUSD   Pound British/Dolar U.S
Next target 1.34425 - 1.34630
Komen:
Komen: It is obvious that we are in correction of wave {iv}, which give us a target 1.28250 - 1.28290 which means we will have the opportunity for somme short setups.
Komen: The possibility that wave (5) has started is 50%-50% , in this particular moment, relatively with wave (4) that seems it doesn't finished yet. Two elements are against to this, the exact spike candle in 1.618 fibo ext and second , this happened at the end of the subwave 4 (EW Theory).
So, if the correction stays on the wedge, there is possibility to have an other uptrend movement, wave {v} of (4).
Komen:
First and only matching count so far
Balas
@trajkovic, sorry?????
Balas
trajkovic ApostolosKsimines
min anisycheís Apostolos. I agree with your wave count. Wave 5 is yet to come. You are the first guy I have seen here on Trading View proposing this wave count so far. It matches my count in detail. Good luck with your trades.
Balas
@trajkovic, Thanks for your reply. Now i've got the picture of your comments.(Do you speak greek?)
Balas
trajkovic ApostolosKsimines
Hello Apostolos, I don't speak Greek, I wish I could. I am a keen observer of USA politics and FED policy. I read Modern Monetary Mechanics and follow few MMT people on Twitter. I must admit I was one of those taken in by Trump promises, but I am no longer on that train. I fear USD is toast, and accordingly - appropriate positioning into gold is a must. I have abandoned all USD long ideas. Good luck with your trades.
Balas
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