BodiesXWix

Swing Short on GBPUSD

Short
BodiesXWix Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Completing somewhat of an Elliot Wave cycle, this is almost a textbook swing trade short setup. You have the A, B, C Wave correction then the strong impulse on the sell breaking the structure going long. A whole new structure has formed and will continue to sell. I'm already in at 1.25739 when I saw it broke the structure so I caught the beginning of that 40 pip drop. The dollar is looking strong as the indices are topping highs again. With the dollar in a low position I only see it being bullish, shorting the GBPUSD. My second analysis here on tradingview. Here's to hoping I'm right, for my money's sake.
Trade closed manually:
I got about 20 pips in my favor and closed the trade because I saw the swing up coming.

You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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