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ChasingTheMoon

Short on Daily Pullback, Long on Weekly Wolfe Wave

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ChasingTheMoon Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD
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trendanalysis chartpattern waveanalysis gbpusd
On the daily chart, structure support has fallen. I expect the price to stop at the nearest support and pullback,. providing a good area to look for a short position.
On the weekly, a possible future setup for a Wolfe wave something to look forward to in the near future.
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snapshot

price may break Weekly support and target 1.272 Fib, before coming back to validate a possible entry for the Wolfe wave.
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