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Trade the ending diagonal on GBP/USD. A month ago I waited fo | 89WAVES | ELLIOTT WAVES TRADING & ANALYTICS

Trade the ending diagonal on GBP/USD.

A month ago I waited for the situation with the pound to clear up (https://t.me/eightyninewaves/2225), not really yet, but the other day we formed a short trading setup. You can trade the ending diagonal, which is marked on the chart [c] of "X". The stop was very small and therefore it is far from a fact that the final hypothesis will work out, so now I can recommend moving the stop-loss to breakeven as soon as possible.

If you look globally and at the market in general, then nothing threatens the dollar's fall. As long as the dollar falls, everything else rises automatically (in dollars) and a big crisis does not come. Therefore, if you long the dollar (for example, against the pound), then cautiously and with minimal risks.

Share this channel, please, with other people interested in trading. It is very easy for you and it will be very helpful for me. Do appreciate your help
#89waves

You can ask any questions in the chat: https://t.me/ewt_chat

#GBP #GBPUSD TF: 1H