GBPINR: Elliott Wave Complex Correction

GBPINR 15 mins chart


From wave perspective, GBPINR is expected to reverse as it is on the brink to complete wave a after wave x near the support of the channel. There is still some downside left but a quick recovery will follow. 

The entire correction is a complex correction (a-b-c-x-a-b-c). Here in this case it completed wave a of the second correction and so now it will open wave b up which can go till 91.3-91.5 levels.

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