and it is not speculating its a reality. [Daily Charts]
Possibility this is Old count and Market Change his Possibility every time thatís why 95% lose money So talking about your SOFT wave Elliot wave Ö basically there isnít any Mistake I could pin Point On it but now the market Pair Gbp/usd is breaken the Trend line You made so the level would be on 1.6209.. But if ..yes if becoz that count 40% chases Stake on It I am Not totally Agree with this count but the Software using 3rd wave extension Too 3rd wave Extension , So it Might be little Chance But I just would like to Agree with 5th Impulsive Truncated .. Thatís mean Yes the Primary wave on your Elliot wave chart 5th wave can be Shorter then 3rd wave
GU on the 4hr is still bearish imo. Yes we had a nice strong rally from 5900 to 6285, but notice all the doji bars on the 4hr... 5 of them in 20hrs of trading we went nowhere. Bulls, now isnt the time for longs, yet.