TradingEW
Short

GBPUSD complex corrective pattern

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
96 1 8
Short setup from 1.2580 towards 1.2180 with SL @ 1.2660
Comment: Price moving faster than expected - moving closer towards termination of wave correction.
An even better short setup from 1.2960 area on resuming downtrend.
snapshot
From the two targets you will archive one of them. However, I preferred to entering my order before reach the entry point before reach it. that will give us a chance to change our mind in the last moment. and update our analysis accordingly.
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