Bearish Wolfe Waves Pattern Forming in GBPUSD

2019년 10월 17일

After the breakdown below the rising line from the top of wave 1 to wave 5, we will get a nice entry to short GBPUSD and ride it down to previous lows. This is not a short term trade idea since these waves have been forming on a daily timeframe so it might be a bumpy ride down.