GBPUSD potential short setting up Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 11, 2017 7:34 AM

Potential short trade setting up. Entry at 1.25116 with stop at 1.25694 and 0.382 and 0.618 fib target 1 and 2 respectively. If trade is triggered there is a potential for extended targets, possibly to fib 1.618.

Trade active

⋅ Apr 12, 2017 9:30 AM

Trade closed: stop reached

⋅ Apr 13, 2017 2:16 AM

GBPUSD

Comments

ZAURIEL1

⋅ Apr 13, 2017 2:53 AM

I'm still on it, there's still a possibility of going down. Just a little bit extended SL just in case.

ZAURIEL1

⋅ Apr 13, 2017 2:54 AM

@ZAURIEL1, ALSO AT THE 4H RSI ITS OVERBOUGHT.