GBPUSD-Formed 5 waves to downside Looking more down !!!
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Market Commentary:
1. From the high 1.3646 it made and making a 5 waves so for.
2. Once you found the 3 waves in 1 hr or 15 mins chance for getting rejection.
3. Making the invalidation and STOP to the high 1.3750 we can expect the more downtrend as i shown here.
4. If it is valid and agressively coming to downside then it may be a bigger 5 waves for wave a) in Y) wave.
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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