GBPUSD is likely at a critical point both from fundamental (Brexit negotiations) and technical (multi-year resistance lines) points of view.
As we see the impulse cut short with the truncated wave 5, it makes sense to seek enter into a Short position:
Sell order @ 1.3380, TP1 1.3000, TP2 1.2700, SL 1.3530
As we see the impulse cut short with the truncated wave 5, it makes sense to seek enter into a Short position:
Sell order @ 1.3380, TP1 1.3000, TP2 1.2700, SL 1.3530
Trade active:
Short @ 1.3380, TP1 1.3000, TP2 1.2700, SL 1.3530
Trade active:
Move Stop to 1.3370
Trade closed: stop reached:
Stopped out at 1.3370
+10pip
Will seek a new short entry point
+10pip
Will seek a new short entry point
