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ChrisThein
Sep 8, 2015 2:30 PM

GBPUSD BEARISH SPIKE & CHANNEL 240 MIN Short

British Pound/U.S. DollarFXCM

Description

The channel continued a lot longer than I thought. If price breaks and closes below 1.5371 on the 60 min, then I'm looking for a retest of 1.5395-1.54 to go short. Otherwise I'm sticking with my original analysis and looking to go short around 1.5488-1.55. See the prior chart I posted last week. Good luck trading.

Comments
ChrisThein
I just got filled 1.5395, stop at 1.5408, target at 1.5288
ChrisThein
We have a close below 1.5371. Looking to go short around 1.5395-1.54 for a retest or a double top. Good Luck.
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