meepstone

GBPUSD SHORT TREND

Short
meepstone Updated   
FX:GBPUSD   British Pound / U.S. Dollar
6
GBPUSD clearly in a downtrend since US FED Hike yseterday. expecting a retrace soon on trend line. Taking profits from yesterday FED hike at line. Will be waiting for the retrace to re enter SHORT again
Comment:
Price retraced to 382 and found resistance.

Comment:
Wave (3) hit and found support. Lookingfor a retracement to wave (4).

Comment:
Looking for GU to retrace to (4). Then back down to (5).

Comment:
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