The fifth wave had been finished, short GBPUSD is good choice Short
British Pound/U.S. DollarFXCM
Description
⋅ Reasons:
- Firstly, due to the structure of fifth wave had been finished, so the corrective wave will be coming;
- Secondly, wave(1) is equal to wave(5) [Ref the blue line], it seems time and space are almost same degree;
- Thirdly, the recent correction was the equivalent of 61.8 percent of the last wave(5) .