in chart is most of the idea, and in lower time frames divergence will be spotted which will tell us the entrance, im long from 139.550 and will put trace stop after it passes TP2.. plss share in comments if u have something in mind..
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since GBP gains with positive data ill look for entrance at that pink bat between 145.960 and 146.80 and SL would be at 147.90! this week lots of GBP data so be careful and maybe will be smarter to w8 for the bearish flag to form or 1-2 downside wave to finish so we can get conservative entrance and much safer! and as this is daily chart it might take a while.
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iv made shorter time frame chart which shows this is one of the flat corrections! might have a look at it!
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this what happened at the top! <deleted> srry for not posting it earlier cose im not making signals, just giving guidance and i have doubts that it may this be 4th wave and just some smaller correction, we will see how it will behave at 236 and 382 fib.!