EURGBP Short: Selling Against Invalidation Level!

Mornin' Traders! As predicted, we saw a dip before another push up to complete wave-((2)). If the count is correct, this level will hold. Otherwise, a recount is in order and will have sideways corrective structure. For this reason, I'm willing to put a stop against this level and shoot for the gap in the 0.81's which yields a very high R/R. Updates to come and as always, happy trading!

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Nice rebound off the bat from Market!

Comment:

Still holding this one! Moving Stop to B/E. Snapshot: +42 Pips