first there is resistance and daily trend that it makes our X point
scenario 1 : if price ( gbp ) wants to rise we will see abc elliot wave
scenario 2 : if price break resistance then we should wait for pull back and price going to make 3rd wave of elliot
scenario 1 : if price ( gbp ) wants to rise we will see abc elliot wave
scenario 2 : if price break resistance then we should wait for pull back and price going to make 3rd wave of elliot