Wowmuhcharts

GBP/USD short trade

Short
Wowmuhcharts Updated   
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
First forex trade, will see how it goes.

Looks like we hit the top of the channel and were pushed down very rapidly.

Good time to go short, stop loss above the channel.

Targets are blue lines.

Expecting to see a 0.04 drop once the support of the rising wedge is broken.
Trade active:
bearish RSI,expecting further drops. Stop loss at 1.3178.
Comment:

USD is very weak right now. Expecting to see downside momentum for GBP/USD on monday's opening.
Trade closed: stop reached:
Stop reached. fundamental news too strong. Will look back at this pairing next week.
Trade active:

Bearish divergence on Stoch, also brexit talks this week. Should give us downwards movement.
Comment:
on our way down. If dotted line breaks we will fall quite rapidly.
Comment:
Comment:
First target hit.
Comment:

Big ooft
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