FX:GBPUSD   British Pound / U.S. Dollar
45 0 1
GBPUSD             ANALYSIS

It seems that we have started a wave 3 on the minute period going short?

I've opened 2x positions SHORT as shown.
1 Hour EMAs 8 and 34 period have now crossed, thus signalling a good entry point.
Trade closed: stop reached: Got Stopped out but on my modified SL @ 1.31991 but in profit ! Thank you GBPUSD :D

You can see that the chart has not reached the original stop ! but it did reach my modified stop, at the time I posted this update.

(Note: Most of the time I move my SL up to the 2nd low/high just in case my count is wrong, as I follow the trade. This is a perfect example).

I shall now re-analyse the chart and post a new one with an open trade.
Have a great day !
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