GBPJPY Dec 30, 2019
As you can see, on 1H timeframe, after I re-calculating wave, price ever formed TRUNCATION movement ( and that happened in wave v )
** I suggest you to read a book ELLIOT WAVE PRINCIPLE by Robert Prechter & AJ Frost, so you know what that TRUNCATION
In conclusion:
After TRUNCATION, the price will be raised to wave B, after then many will fall to wave C
Thank you for read my analysis. I wish you all trade wisely and do proper risk
Regards,
Arya
As you can see, on 1H timeframe, after I re-calculating wave, price ever formed TRUNCATION movement ( and that happened in wave v )
** I suggest you to read a book ELLIOT WAVE PRINCIPLE by Robert Prechter & AJ Frost, so you know what that TRUNCATION
In conclusion:
After TRUNCATION, the price will be raised to wave B, after then many will fall to wave C
Thank you for read my analysis. I wish you all trade wisely and do proper risk
Regards,
Arya