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kjzsbtby
Apr 28, 2016 10:15 PM

GBP end of 5th wave 4h Short

British Pound/U.S. DollarFXCM

Description

FX:GBPUSD

There is a huge chanse for GBPUSD to change it's tendency towards short due fib 161.8 ratio, some divergence short toward.
Lets wait till aceleration go short and I suggest a short position on 1.4579, and then another when the floor is broken at 1.4458.

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We can see the price reached the first goal. Now I suggest to take partial trade, and then wait for the price a little to back up. Towards 61.8%. And resell
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