GBPUSD Bearish Impulse - Minor C

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GBPUSD is starting a Bearish Impulse in Minor C (orange).

Wave B (orange) is most likely a Running Flat.
However, based on Elliott Wave patterns, it could also reflect as an Expanding Flat.
But I don't think so.

I am going short on the Pound Dollar.

GBPUSD tech. Analysis:

* Elliott Wave: Ending Diagonal on Intermediate (C) (white).
* Running Flat in Minor B (orange)
* Sep '20 Bearish Fractal
* 38.2% Fibonacci Retracement of Minor A (orange)
* Up-Trend Breach
* Channel Consolidation

GBPUSD Trading Signal:

* Entry @ 1.2170
* SL @ 1.2500
* TP1 @ 1.1800 / TP2 @ 1.1600 / TP3 @ 1.2500

* BUY STOP @ 1.2050
* Aggressive Entry @ Market Price
* Moderate Entry @ 1.2320

*Safety Measure: when in the green, moving SL to BE.

Many pips ahead!

Richard, the Wave Jedi.
Trade attivo
istantanea
Nota
Small mistake:

* SELL STOP @ 1.2050

Not buy stop LOL ... :)))
Nota
GBPUSD started the Bearish Leg, a B Wave correction.

istantanea
Trade attivo
Added another SHORT on GBPUSD, at the 61.8% FR.

istantanea
Nota
Short set-up looks promising.

istantanea
Trade attivo
Sell Stop active on GBPUSD.

istantanea
Nota
GBP ready to pop soon.

istantanea
Nota
Daily confirmed, just look up on the previous updates.

GBPUSD started the C Wave Impulse, for the B.

istantanea
Nota
Placed another Sell Stop on GU.

istantanea
Nota
Don't be afraid on this fake swing Richard, just short it again!
istantanea
cableElliott WaveFibonacciGBPUSDgbpusdsellgbpusdshortgbpusdsignalParallel Channelpounddollarrunningflat

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