Rebelltrader
Short

Preparing for the BIG FALL - GBP

OANDA:GBPUSD   British Pound / U.S. Dollar
Pound has already complete the daily correction to the down side and is giving us a perfect setup for a short on the 4 h chart. Right Now it looks really possible that it could go one more up to complete the C wave in the flat correction but trading to the upside could become very dangerous because it can fall at any time. I think the best way to short this pair is to wait until it breaks the top, revearse and gives you a setup for an short entry. Another possibility for an short entry is the break of the low.
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