Short GBPUSD
Updated
Bearish Elliot 5 Wave structure since Brexit.
Impulse Wave 5 to begin, after Wave 4, ends.
Short : 1.259
SL : 1.2715
TP : 1.19
Impulse Wave 5 to begin, after Wave 4, ends.
Short : 1.259
SL : 1.2715
TP : 1.19
Comment
Calculated new TP base on percentage decline of wave 1 top to wave 4 top = 16% drop. Ambitious TP : 1.06
Comment
SL shifted to 1.2510 to defend profitsComment
Trade Closed. Pending Short order again at 1.264-1.27 region
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