GBPUSD short therm trading plan

Nov 28, 2019

GBPUSD is forming tiangle in wave iv.
Best place to take long positions is 1.28750-1.28500
Good place for stop loss is - 1.28250
More conservative place to set stops is - 1.27710 (breakdown of this level cancels the script)

Target zone for wave v is: 1.30650-1.32800

Dec 5, 2019

Note

Now we can move stop losses to 1.29770

Dec 5, 2019

Note

Small clarification, stop loss can be set to 1.29840

Dec 5, 2019

Note

Triangle is a figure portending the last movement. After the end of the last movement, the price should quickly go back to triangle: 1.29850 - 1.27700.
So be carefull. There are strong resistance levels between 1.32500-1.32900.
Expected levels of reversal is somewere near 1.32000 - 1.32900, after which I expect strong decline to 1.28 at least or maybe even - 1.24

Dec 11, 2019

Trade closed manually

All my long positions are closed at 1.31800-900
I'm in shorts now