PM90
Short

POTENTIAL GBPUSD SHORT

FX:GBPUSD   British Pound/U.S. Dollar
70 0 2
TRADE = SHORT

1) CONTINUATION PATTERN FORMING - BEARISH PENNANT FORMING ON DOWNTREND
2) ASCENDING TRIANGLE - POSSIBLE BREAK TO EITHER UPSIDE OR DOWNSIDE
3) DAILY CHART - SUPPORT TURNED STRONG RESISTANCE FROM 15/1/2016 POSSIBLE BREAK
4) 1 HR             CHART - STRONG TRENDLINE RESISTANCE

AWAITING FOR PRICE TO BOUNCE OF RESISTANCE AT 1.4370

ENTRY ORDER - 1.4345
STOP LOSS - 1.4444
TAKE PROFIT - 1.4230
R:R - 1.16

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