GBPUSD - live monthly Elliott Plot

As per plotting of the monthly in Advanced Get - we will update these ideas with weekly & daily plots.



Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.

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This shows a Flat structure - but given the monthly Stochastic, we could move into a combo play rather than a V shape move up 5. Longer time frame.