Steve666

GBPUSD.... Looking for a Bearish Wolfe Wave Reversal

Short
Steve666 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Nice Wolfe Wave setup .... break of point 3 should confirm. (approx 1,2670)
This could go higher (1.28+) so watch closely
Target is 1.2450 by early August
On a shorter term basis a bearish deep crab pattern has developed

S.
Comment:

Well this went a little higher than expected...Point 5 is a 1.13 extentsion of 1-2.
Two possible entry points....a break of the parallel line or a breach of point 3

S.
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