glennmercer

EURGBP Wave Count: Short After Completion of Wave-(2)

Short
glennmercer Updated   
FX:EURGBP   Euro / British Pound
Hey traders! We have some big targets below. I want to ride the third wave, but only after the wave-(2) correction completes. We have some potential advanced patterns lining up that could make for good short entries. We may see a drop before a rally to pattern levels, so I won't go long here as this X wave has potential to drop back down to the base of wave-(X).
Trade active:
Short taken at pattern completion and pinbar support. See new idea for updates:
Trade closed manually:
Closed at Breakeven! The triangle continuation was accurate (see above trade idea), no pips lost nor gained. New wave count pending, stay tuned!

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