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Zulfiqqar
Jun 7, 2017 6:29 PM

GBPUSD : Short opportunity. Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is likely to slump as the structure is showing.
We may go for 1.26 or 1.24 unless the elections tomorrow come with something unexpected.

P.S: This content is for educational purposes and discussion.

Good luck.

Comment

Comment

We can optimize our entry as we may have a clear 4th wave right now.
Two possibilities for the ending diagonal but with same entry as shown below:

1st possibility:


2nd possibility:

Trade closed: target reached

Comments
jojofang0901
Nice trade setup, thank you for sharing your view on this pair. I have same idea as well.

Zulfiqqar
@jojofang0901, Nice chart my friend, good luck.
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