The structure between the blue lines can be a complete correction. In this case, we will see more downside. What we have after the last top looks like a complete reversal structure, and a trade setup under the trendline. That's why I placed a pending order under the last low. There is still chance for more upside. That's why I risked 0.5%, and I'll move SL to BE asap.
Elliott WaveGBPCADshort-termshorttradeWave Analysis

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