RedStaR
Short

Ratio Trading: GBP/USD shorting opportunity

FX:GBPUSD   Pound Sterling/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.
Hi There, Do you think your chart analysis still valid?
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RedStaR kamukak
Not anymore, fundamentals and the Syria incident gave strength to cable.

I'll be drawing another plan after this post.
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RedStaR kamukak
You could also check my other GBP/USD chart, it still remains valid,
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Glad to help
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Thank you Redstar for your helpful analysis.
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