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IamJeanPaul
Mar 25, 2017 8:16 PM

SELL GBPUSD FOR A CORRECTIVE MOVE LOWER Short

British Pound/U.S. DollarFXCM

Description

Dollar seems to be oversold. Market was not able to profit from a failed trump vote.
Normally this should hurt the dollar on further prospects but right now the dollar bears are exhausted .
I am looking to sell this right shoulder for a shortterm correction.
This setup is negated if market closes above 1.2510

Please use proper risk management this is just my view it might as well fail.

Blessings to you all.
Comments
AkashGaur
Great analysis
mekonged
I hope you are right....Good luck
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