Mustafoinc
Short

GBPUSD 4h Long Term Support and Bear Bat with Long Term Trend

FX:GBPUSD   British Pound/U.S. Dollar
35 0 0
10 months ago
Reasons to enter Trade:
Bear Bat Pattern
Long term Support (purple line dating back to April 13, 2015)
Exhaustion Candle on H4 (previous green candle with long wick on top)
RSI Over-bought

Caution:
Since this pair is in uptrend recently it may continue this trend so I will not risk a lot on this trade and also because if it turns down it go down a lot so that will make in pips easily.

Let us see what happens, Good luck!
10 months ago
Comment: Stopped out -71 pips
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