GBPUSD Short Trade Setup

Hello Traders

If the last top is the end of the upward wave it should be either the end of the 3rd wave or the C wave as well as the running flat. So it will make either the 4th wave over the green trendline and go up again, or a quite big down impulse. As you can see after the last top, it broke the trendline by an impulsive wave and now, it's making a correction is in the making. That's why I placed a pending order under the bottom with SL over the top by risking 1%.

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Trade with care.
Bulent