GBPUSD, an elliot wave appproach

Elliot wave is one of the best technical strategies if it principles, are well applied.

On the GBPUSD chart, we can see that the fall on gbpusd was a retracement of wave 4 , the corrective pattern for this reteracement may not be accurately predicted until it completes, so we expect to go long after the completion of the minimum of a zigzag corrective pattern.