traderWgun
Short

4 reasons to short

FX:GBPUSD   British Pound / U.S. Dollar
166 5 3
1. 50 fib
2. divergence between wave a and wave c
3. 5 waves down and 3 waves up, textbook sell.
4. 5-0 pattern
5. equal legs hit (c=a)
Publishing this set up reminded me of your trade and was wondering
if you had any update if this does retest 1.6500 area.
thanks for your thoughts !!!!
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traderWgun dojitrader
I have no idea. This price action has been very hard to read. I will want until the market gets a bit more clear.
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Nice .
Reply
thanks! do you have a target?
Reply
traderWgun WaitingForCorrectionSince130
equal legs comes in at 1.6220/00 where we find double fib conflunce
snapshot
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