GBPUSD Bearish Formation

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Recently, U.S. consumer, inflation, and labor data came out very well, but the GBP Monthly Retail Sales data showed a poor result. This might be a bias that confirms my trading ideas fundamentally.

Technically, I observed a Rising Wedge at the end of Wave 5 Elliott Wave and bearish divergence in MACD. This convinced me enough that we're now in a "corrective wave" and looking for Short Entry.

Disclaimer: On
May the pips be with US
Cheers
Dagangan aktif
Short : "Entry Zone"
SL : 1.279
Dagangan ditutup secara manual
It takes longer than expected.
I close partially with BEP and let small amount open
Dagangan ditutup: sasaran tercapai
TP 1
Chart PatternsTechnical IndicatorsWave Analysis

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