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EUR/USD, GBP/USD Move Impulsively Towards Fibonacci Targets

Discussion in 'Technical Analysis' started by Kaitlin, Aug 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The GBP/USD is either completing a wave 5 (blue) or extending the wave 5 (blue) with an internal 5 wave indicated by wave 1-2 (pink). A break below the previous bottom (green) is needed before an extension of the downtrend is confirmed.[​IMG]

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