karrkannan

Short on GBPUSD

Short
karrkannan Updated   
FX:GBPUSD   British Pound / U.S. Dollar
4
Placing a pending order to short at 1.3253 level as this is 764 fib level.
This is pure price action action trading as price making LL and LH after the correction wave.
Adequately divergence forming in RSI, So this is a good sign to short.
May the price reverse before the 764 level but I would like to open in that level for good RR.
Comment:
Trade activated as price reach the 764 fib level.
Comment:
Trade closed little bit earlier than the target with 150 pips profit.
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