GBPUSD Short Term Sell Short

British Pound/U.S. DollarFXCM

Description

⋅ Jul 11, 2014 3:54 AM

On a longer scale GBPUSD is in a consolidation top. Withing consolidation on an 1H chart a bearish gartley is forming. PRZ projected at 1.7153 mark. Placed a sell at 1.7150 stop just above X mark at 1.7168 target at 50% retracement of AD at 1.7130

Comments

AlekseiBoltunov

⋅ Jul 11, 2014 7:16 AM

TP-1.7070.

R6B8

⋅ Jul 11, 2014 6:14 AM

Could work, I'm playing a butterfly sell @4hr TF, TP 723x area. I will short from that area to the 66xx