OANDA:GBPUSD   āļ›āļ­āļ™āļ”āđŒāļ­āļąāļ‡āļāļĪāļĐ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļ
ðŸ’ĄDETAILS ABOUT THE PRICE MOVEMENT ON THE WEEKLY CHARTðŸ’Ą

📉When the bearish trend has started
Bullish 9 waves in Weekly has been formed since 24th Feb then bearish trend has started.

My counting has been right since then as below.
ðŸŧThe February bottom(1.3778) is W_1
ðŸŧThe March top (1.4005) is W_2
ðŸŧThe March bottom(1.3670) is W_3
ðŸŧThe April top(1.3918) is W_4
ðŸŧThe April bottom(1.3669) is W_5
->What's next?

Scenario1
The price would form 12345 from 2(1.4005).
If so, yellow 7 would be formed to break yellow5.
Fib 38.2(W6 and W9) awaits around 1.3645, which would be bearish M_4.

Scenario2
If Yellow4 shoule be broken, it'd be confiirmed that the April bottom(1.3669) is W_5=Correction A or C=0.


If W9 is M3 (3 in monthly chart), M4 would hit from Fib38.2-61.8 or less.
I don't know yet. The chart will tell.

PLEASE DO NOT FORGET TO LIKE👍ðŸŧ AND FOLLOW ME! THANK YOU 🎉
HAVE A NICE WEEKEND!!

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