FOREXCOM:GBPUSD   British Pound / U.S. Dollar
This is a nice looking bearish CURCT price structure here on the 4H. I am waiting for a LCT candle to enter a short position. I have two target levels the first one being the CD leg on an AB=CD pattern. You can see it in there if you look close, the CD leg is not defined yet of course. I am anticipating a move below 1.3365 but I will wait for price to confirm the bottom with a bullish price structure. I will be watching the first target level for a reversal pattern as well. If I get a bullish price structure near the first target level I will take half of the profit and set my stop to BE on the other half. Now I wait for price to confirm the price structure with a LCT candle.
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