Short GBPUSD

Bearish Elliot 5 Wave structure since Brexit.

Impulse Wave 5 to begin, after Wave 4, ends.

Short : 1.259
SL : 1.2715
TP : 1.19

Yorum:

Calculated new TP base on percentage decline of wave 1 top to wave 4 top = 16% drop.

Ambitious TP : 1.06

Yorum:

SL shifted to 1.2510 to defend profits

Yorum:

Trade Closed.
Pending Short order again at 1.264-1.27 region