Short Entry points on GBP Short

British Pound/U.S. DollarFXCM

Description

⋅ Jul 14, 2014 7:17 AM

Between 1.7285 and 1.7330 (1.618 extension from the double bottom and 50% retracement from the entire leg down) with stops 20 pips above the 50% retracement which also lines up with the top of the Kumo cloud, so stops around 1.7350.