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GBPUSD-Weekly TF with EW pattern correction explanation to learn

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GBPUSD-Weekly TF with EW pattern correction explanation to learn

MAREKET COMMENTARY:


1. This is a weekly TF analysis and i explained with some Elliott wave pattern in the correction wave and labelled as well to learn more deep.


2. CURRENTLY we are in the wave iv) of (C) in ending diagonal pattern and wave iv) as a irregular flat(EXPANDED FLAT) in WXY formation.


3. Previous, in wave ii) it did a WXY formation as a regular flat and I mentioned that too...So for wave iv) didn't break the high 1.4377 so I consider as a running flat …but if it breaks the high 1.4377 that will consider as a expanded flat and valid too...


DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


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