Quick Elliott Wave Forecast = Short Trade Idea on Cable

The chart illustrates a completed wave to the up side.

We can see waves 1-5 Bullish Sequence in this time frame.

The Wave 5 up also shows a 1-5 sequence.

Given that the trend on the D1 is Bearish, will this be the start of more BEARISH moves?

액티브 트레이드:

Moved on GBP Flash manufacturing data release. I shall move Stop loss to BE