waveslover

BEARISH WAVES ARE BIGINING

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OANDA:GBPUSD   Libra Esterlina/Dólar Americano
Last week's high could be Daily4_4 and the bearish waves might've begun.
Even if the last week's high is broken, the very strong resistance would reject the upward trend.

STOP should be around 1.39 above the strong resistance.
As long as 1.39 remains unbroken, putting shorts seems ok.

Once pink 1 is broken, it would be thought that strong bearish wave would have begun.
We should try sell as high as possible, not sell at the bottom.
So after 1 is broken, we should wait for pink4 to sell.

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