GBPCHF Short Trade Setup

Hello Traders

We have a WXYXZ corrective structure. The last top hit the upper line, 1.618 extensions of Y, 0.886 retracements of A, and got a reaction. Now, I'm waiting for a complete correction after the reversal impulse. Then I'll wait for a smaller trade setup to sell it. If it makes a new high, I'll take a short trade after a new reversal structure.

Trade with care.
Bulent
Elliott WaveGBPCHFmedium-termshorttradeWave Analysis

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