OANDA:GBPUSD   British Pound / U.S. Dollar
Looking to go short on GBPUSD. If we see wave (X) fully form and begin losing momentum at the 61.8% retracement level we will make our short entry a second short position will be added when we begin dropping from first entry to 1.31599 (second entry). Second entry will be exited at 1.30532 whilst having 1st entry modified to break-even on stop. 1st entry will be closed in full at 1.29718 which may take a few days to fully form in our favour.
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.