Truncated wave 5 in #GBPUSD Short

British Pound/U.S. DollarFXCM

Description

⋅ Nov 22, 2020 5:42 PM

Too many are trying to short Cable too soon.
Let's wait for the end of wave 5 which might be a truncated one.
It could help to form a double top near 1.34 from where it's safer to go short #GBPUSD.

Comment

⋅ Nov 23, 2020 5:14 PM

Sell order 1.3415
SL 1.35
TP 1.30

Comments

Derick_expi

⋅ Nov 22, 2020 6:08 PM

Brilliant idea. Big ups

NN-trading

⋅ Nov 22, 2020 6:14 PM

@exdertab, Thank you!