FX:GBPUSD British Pound/U.S. Dollar
Hey traders! Looks like the minor degree Wave-X is complete on GBPUSD . In addition to the wave count, a is complete and has shown some pin support. I want to buy here with a tight stop below the root of potential wave-1. If SL is hit, this is not the first wave of the rally and I don't want to be in the trade any longer. Otherwise, we have huge profit targets above including missed and weekend gap level. Happy trading!
Trade active: This one is live, my SL is 8 pips:
Trade closed: target reached: T1 Hit! We need a recount on the X terminus. More updates to come. Cheers
Trade closed: stop reached: To Clarify, Stop was reached after hitting T1 Cheers