WaveAnalysis
Short

GBPUSD Short Trade Setup

OANDA:GBPUSD   British Pound / U.S. Dollar
Hello Traders

The current structure looks like the second wave and if this is the case, it should complete itself below the blue trendline and come down big time. That's why I'm waiting for a reversal impulse and correction to place an entry order. My minimum target is the breaking of the bottom at 1.16000.

For more details and the daily updates please watch my daily analysis videos on Youtube.
Trade with care.
Bulent
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