GBPUSD, POUND STERLING ready to resume BULLISH MOVE
Reasons to buy :
1. A breakout of the bearish trendline and a retest with a bullish hammer candlestick confirmation
2. A completion of double zigzag Elliot wave correction
3. A complete impulse wave followed by a correction
Expecting to buy the wave 3 , which will be the strongest move .
Alternative scenario:
Any fall below the Low of wave 1 renders this analysis invalid
Write in the comments all your questions and instruments analysis of which you want .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
1. A breakout of the bearish trendline and a retest with a bullish hammer candlestick confirmation
2. A completion of double zigzag Elliot wave correction
3. A complete impulse wave followed by a correction
Expecting to buy the wave 3 , which will be the strongest move .
Alternative scenario:
Any fall below the Low of wave 1 renders this analysis invalid
Write in the comments all your questions and instruments analysis of which you want .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
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