British Pound / U.S. Dollar
Short
Updated

The fifth wave had been finished, short GBPUSD is good choice

76
Reasons:
  • Firstly, due to the structure of fifth wave had been finished, so the corrective wave will be coming;

  • Secondly, wave(1) is equal to wave(5) [Ref the blue line], it seems time and space are almost same degree;

  • Thirdly, the recent correction was the equivalent of 61.8 percent of the last wave(5) .
Trade closed: stop reached
Maybe the Stop Loss is too tight...

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