RedStaR
Short

Ratio Trading: GBP/USD shorting opportunity

FX:GBPUSD   British Pound/U.S. Dollar
219 5 2
A good shorting opportunity based on harmonic patterns .

Very good odds of trend reversal at price range of

Prices to take short would be either the top of the chart as mentioned above, or the trend line breakout.

Place your selling orders at both of these locations, whichever triggers first.

Targets to take profits are shown at areas of confluence.

Happy trading.
kamukak
3 years ago
Thank you Redstar for your helpful analysis.
Reply
RedStaR
3 years ago
Glad to help
Reply
kamukak
3 years ago
Hi There, Do you think your chart analysis still valid?
Reply
RedStaR kamukak
3 years ago
Not anymore, fundamentals and the Syria incident gave strength to cable.

I'll be drawing another plan after this post.
Reply
RedStaR kamukak
3 years ago
You could also check my other GBP/USD chart, it still remains valid,
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out