chessnut

GBPUSD primary wave down. Possibly a big turning point.

Long
FX:GBPUSD   British Pound / U.S. Dollar
1
Here is an EW illustration of a possible primary wave down in the GBPUSD. This could mark the end of a long upwards cycle, and holding short below 1.7 could prove an extremey profitably long term position. Looking for a clear abc pattern to play out before going aggresively short. hopefully we will see a .618 retracement.
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