It seems like wave 5 took the form of an ending diagonal. The last downward impulse is likely wave ((i)). Wave ((ii)) is over as a zigzag. If correct, a third-wave decline might be already underway. At a smaller degree, there’s a leading diagonal, which …
GBPUSD – Another bearish wave about to begin – December 29th, 2020 Continue to charts & full analysis »
Get 30 Days FREE Trial
Professionally done-for-you daily Elliott Wave analysis.
Instant access - no credit card required