Elliot wave analysis GBPINR

wave 4 was a flat correction respecting elliot's theory of alternation as wave 2previously was a simple zigzag,

wave b ended after retracing between 78.6 to 100 % of wave a,

wave c ended very near the wave a low.

wave 4 retraced to 38.2% of wave 3's length from bottom of wave 3!