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RKchartest
Jan 24, 2016 4:02 PM

GBPUSD Possible Completion of 4th wave. Trade: SHORT 24 JAN 2016 Short

British Pound/U.S. DollarFXCM

Description

GBPUSD has completed the 4th wave.. Look at my old charts and you will see that this channel has been posted for a long time to look for the 4th wave completion. It did exactly as expected. I will be trading this on the pull back with1.618 of the wave before the pull back for my take profit. Conservative, and very high probability to reach TP. If the pull back is .618 of the wave 1 of 4, it will make the reward of this trade very very good.
Comments
Rocketman
I think is goes here or a little down to 1.4160, then rises up 1.4500
UnknownUnicorn251843
Agree. Lets see what happens.
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