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mcpeacocks
Dec 12, 2015 3:56 PM

short 4hr GU on confluence of cypher, bat and trendline Short

British Pound/U.S. DollarFXCM

Description

cypher and bat on 4hr chart plus a trendline that should provide some resistance.
looking at price action within the 'short entry zone' to open short.
close/clear move above the TL (blue line on chart) will invalidate this for me
this could be heavily influenced by the FED decision, so smart money management to control risk, ie low leverage and only 2% of equity - is required.
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