Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPUSD 5th Wave Bearish Extension
British Pound / U.S. Dollar
Short
GBPUSD 5th Wave Bearish Extension
By CodeAndQuant
Follow
Follow
Updated
Jul 14, 2016
5
Jul 14, 2016
Heading into BOE later today we favor selling 1.3230 or better for 1.3010 TP
3x reversal @ 1.3285 for Break Even or profits into 1.3420
Setup matches up nicely with orderbooks at the London Open.
Jul 14, 2016
Trade closed: target reached
1 Lot Short at 1.3220 closed at 1.3420 = -190pips
3 Lots long at 1.3290. Executed at 1.3320 closed at 1.3420= +100pips *3 = +300pips
Net +110pips
elliottwaveprojection
Elliott Wave
GBPUSD
gbpusdshort
CodeAndQuant
Follow
Related publications
GBPUSD Order Book London Open
by CodeAndQuant
Published
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.