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EuroMotif

GU short scalp idea, 50 pip move possible

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
EuroMotif Mod Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns
12
2
trendanalysis waveanalysis chartpattern
Hoping to see something like the blue squiggle develop.
(break and retest support, start falling hard, which should cause drop to next zone).
Ideally will start happing in about 15 mins when UK markets close and profit taking might start the down move

All of those grey lines were drawn week go go per this Idea:
GBPUSD Fibonacci Support Resistance Zones: GU as of June 13
Comment:
GU short fired, first entry, 20% of trade size, which will be 1% account if I can add for four more on the ride down. But only IF momentum picks up
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Related Ideas

EuroMotif
GBPUSD Fibonacci Support Resistance Zones: GU as of June 13
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