Risky - I know.

FX:EURGBP   Euro / British Pound
193 2 0
We are still within the cloud. That's why it's risky to go short. Nevertheless the downward movement is intact and I suppose that the 50% of the small wave will be done at least. This also very close to the lower Bollinger border. If that border won't extend, then the movement will halt there.
Sorry, not the bottom of the cloud war reached but the bottom of the Bollinger Band.
But it was worth the risk. As the bottom of the cloud is reached I take the profit out.
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