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UnknownUnicorn300837
Feb 4, 2016 12:33 PM

Counter Trend Opportunity Short

British Pound/U.S. DollarFXCM

Description

Aggressive entry on this counter-trend double top back at structure.
RSI overbought on first test
RSI Divergence
Retest of structure

Stop : 113 Fib extension of move up to first test
Target 1 : 382 Fib retracement of move up (adjusted target after entry)
Target 2 : 618 retracement

Trade closed: target reached

Target 1 hit. Stops moved to BE. Risk free trade now
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