morpheus747

GbpUsd with a good double roof formation

Short
FX:GBPUSD   British Pound / U.S. Dollar
3
I can see a good double roof formation and a good chance to enter SHORT in 1.6000 (triple 000)
Now the gbpusd is going up very slowly tryint to reach a good fibo position (61) i think if we can reach 1.6000 will be a good chance to go short and take that supports 1, 2 is the mosts secured but maybe .. just maybe we can go further.

I trace the other posible support for most risky traders, i suggest passt 1st support try to use trailing stops or something like that to secure your trade :)

Good Hunting Trader.!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.