WaveAnalysis

GBPUSD Short Trade Setup

Short
FX:GBPUSD   British Pound / U.S. Dollar
It looks like a running flat is in the making between the green lines, and we have a very nice Fib confluence around 1.34950 for the completion of the wave B. That's why I want to take a short trade, and it seems like we have a complete correction (the blue B), reversal impulse, and break-out. Now, I need another correction and a lower degree trade setup to place a pending order.

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