Month: October 2019

GBPUSD 24th October, 2019

The lack of upside follow-through casts the doubt on the ongoing third wave interpretation, favoring the alternate scenario. As always, we will wait for either count’s confirmation point to be met to determine the highly probable count.

GBPUSD 18th October, 2019

The most recent advance suggests that the larger degree pattern that we have been tracking is complete sooner than anticipated. It is early to tell but I am including the monthly chart today to help illustrate the bullish potential of the most recent strength.

EURUSD – October 20th, 2019

A market that rarely fails to surprise, the euro continued moving toward the upside to break above another resistance level. Thankfully, this new development clarified the internal wave structure — or, at least, presented a very fitting one.

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