GBP/USD Potential Short Term BUYing opportunity
The wave 3 of the wave C is in progress and one more dip to 1.2575 area will completes the wave 3.
A short term BUYing opportunity is there in the 4th wave correction.
The trading strategy is as follows;
Trade 1 - BUY @ 1.2575, SL @ 1.2570, TP @ 1.2750 (Wave - 4 correction)
Trade 2 - SELL @ 1.2750, SL 1.2758, TP @ 1.2500 (Wave - 5 of Wave - C)
The ABC pattern will completes when the wave C completes at 1.2500 area.
A short term BUYing opportunity is there in the 4th wave correction.
The trading strategy is as follows;
Trade 1 - BUY @ 1.2575, SL @ 1.2570, TP @ 1.2750 (Wave - 4 correction)
Trade 2 - SELL @ 1.2750, SL 1.2758, TP @ 1.2500 (Wave - 5 of Wave - C)
The ABC pattern will completes when the wave C completes at 1.2500 area.
交易結束：達到停損點
Trade stopped out and the idea is invalid.
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