A Wave count to signal a new new Bear-market move for GBPUSD.
- May 27, 2019
- Posted by: Enda
- Category: Examples of some of our BIG CALLS!
The short term chart was showing an ending diagonal coming to an end.
This ending diagonal was part of larger three wave correction labelled wave '2' shown above.
Here is what the pattern called for next:
Wave (v) has completed a three wave pattern at last nights highs,
So the ending diagonal should be complete.
Watch for wave (i) down to begin tomorrow.
1.3380 must hold for this to occur.