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PetarJacimovic

Re-distribution on GBP/USD ?

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
PetarJacimovic  
FX:GBPUSD   British Pound / U.S. Dollar
9
0
I am bearish on GBP/USD from 1.2423. According to the projection of this re-distribution, GBP/USD may visit the level of 1.2200 in next period. Firstly, I would like to see a breakout of support at 1.2395.

This is classic re-distribution by Richard Wyckoff since we got mark down in the background.

Trade safe and good luck >

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