Wave C of ZigZag to complete following break of Triangle

FX:GBPUSD   英鎊 / 美元
Wave E in the contracting Triangle I posted previously appears to have completed as a 5 wave impulse. It looks as tho this impulse in wave E is being corrected by a ZigZag which is currently in wave 3 of C. A barrier triangle has formed as wave 4 of 3 in C. On the break of this triangle I am expecting a wave 5 to complete wave 3 of C, then be corrected by a wave 4 of C and be followed by wave 5 of C for a nice short term trade.

After the A,B,C ZigZag is complete an impulse move to the upside for wave 3 would make my previous triangle idea look unlikely to unfold. However further downside below the 0.618 fib level would support the idea.

Just below the break of the barrier triangle in wave 4 of 3 in C.

Stop Loss:
Just above the extreme of wave E in the barrier triangle in wave 4 of 3 in C.

The most common retracement for a wave 2 is the 0.618 fib level off the impulse. The idea of using this area as a rough target is supported by a trend line drawn parallel from the start of wave A to the extreme of wave B of the ZigZag , from the extreme of wave A. It is common for wave C to finish equal in length to wave A in a ZigZag , this also supports the idea of C ending around this area.

Note: Just noticed some labeling of the internal structure of the impulse is wrong and I cant change it but the wave counts still convey the idea correctly.
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