Our Elliott Wave read has GBPUSD H4 pointed lower while it stays below 1.35357, with the first level it is watching at 1.34773.
- direction
- lower
- invalidated at
- 1.35357
- target 1
- 1.34773
- target 2
- 1.34593
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How our system reads GBPUSD H4
- H1 — Impulse ▼ in wave 4 ·F: locked (ABC ▼ in wave C ↳M); bias aligned H1-1/H4-1/D1-1/CHoCH-1 Rev12%; rev=12% — no contrary signals Wave read: W4. Entry basis: structural.
| Level | Value |
|---|---|
| Entry zone the system marks | 1.3425649037037037 |
| Targets the system projects | 1.3373802799999999 |
| Level that invalidates this read | 1.34812 |
Potential next legs our system also tracks
- D — ABC ▼ in wave C ↳M (WC) · primary count · next leg down · system weighting 27% · projected target zone 1.32364–1.33607 · count invalidated beyond 1.3568
- D — W-X-Y ▼ in Y ↳M (WY) · next leg down · system weighting 26% · projected target zone 1.33669–1.34437 · count invalidated beyond 1.3568
- D — ABC ▼ in wave C ↳F (WC) · next leg down · system weighting 24% · projected target zone 1.32364–1.33607 · count invalidated beyond 1.3568
- D — W-X-Y ▼ in Y ↳F (WY) · next leg down · system weighting 23% · projected target zone 1.33669–1.34437 · count invalidated beyond 1.3568
- H4 — Diagonal ▼ in wave 4 ↳F (W4) · primary count · next leg down · system weighting 51% · projected target zone 1.34593–1.34773 · count invalidated beyond 1.35357
- H4 — Diagonal ▼ in wave 4 ↳M (W4) · next leg down · system weighting 49% · projected target zone 1.34593–1.34773 · count invalidated beyond 1.35357
- H4 — ABC ▼ in wave C ·C (WC) · next leg down · system weighting 33% · projected target zone 1.32737–1.3398 · count invalidated beyond 1.3568
- H4 — W-X-Y ▼ in Y ·C (WY) · next leg down · system weighting 30% · projected target zone 1.33669–1.34437 · count invalidated beyond 1.3568
- H1 — Impulse ▼ in wave 4 ·F (W4) · primary count · next leg down · system weighting 44% · projected target zone 1.33572–1.33904 · count invalidated beyond 1.34812
- H1 — Diagonal ▼ in wave 4 ·M (W4) · next leg down · system weighting 29% · projected target zone 1.34593–1.34773 · count invalidated beyond 1.35357
- H1 — Diagonal ▼ in wave 4 ·C (W4) · next leg down · system weighting 27% · projected target zone 1.34593–1.34773 · count invalidated beyond 1.35357
What would change this read: a close beyond 1.34812 would invalidate the primary count. Learn more about invalidation.
Zero-Touch Divergence
No live ZTD bias on GBPUSD H4. The last one, a regular divergence short, reached its target. ZTD fires a few times a month per instrument; most bars carry no bias, and that is its ordinary state.
CAT is an educational community. Every analysis shows how our system reads a chart — it is not investment advice and not financial advice, not a recommendation to buy or sell, and carries no performance promise. Trading involves substantial risk of loss.