JDiggs
Short

EURGBP, 240

FX:EURGBP   Euro / British Pound
23 0 1
Using trend lines and Fibonacci Retracement , I set myself up from the highest and lowest pivotal points to the major points (0.79473) and (0.77347).

Using AB=CD and Fibonacci, I estimate the exit to occur approximately (0.76467).

The wedge that formed helped me enter my position (which I did for a test run) at 0.78603 for a short of this position.
Being inexperienced, I realize most have noticed this long term short position from our larger retracement since (0.81176).

Again, tips are always welcome.
Most of my help comes from @Chartistry so check him out for great wave formations and other great charts!
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