Pound has completed E wave now.
Look to short at
1. Now
2. Break of triangle
3. Break of D point
Target origin of triangle a wave . Potential profit 100 pips.
Stop - aggressive inside triangle ( 25 pips ) . Risk reward 4
Stop - conservative . Opposite side of triangle ( 100 pips). Risk reward 1
Your choice. :)
Look to short at
1. Now
2. Break of triangle
3. Break of D point
Target origin of triangle a wave . Potential profit 100 pips.
Stop - aggressive inside triangle ( 25 pips ) . Risk reward 4
Stop - conservative . Opposite side of triangle ( 100 pips). Risk reward 1
Your choice. :)