Hellena | GBP/USD (4H): Short after wave 5!

Last week, there was a strong channel breakout that changed our plans! Interestingly, I still expect the price to reach the option contract level of 1.23973 in the future, but for now let's focus on closer targets. I anticipate that Wave 3 is not yet complete, so I expect Waves 3, 4, and 5 to follow. Then, I anticipate a correction to the level of 1.27422.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!