BenFxLDN

Ascending channel forming

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Looking for that first clear possible rejection within the ascending channel
Comment: so the 1Hr engulfing candle did occur so i entered a short position.. i realise it may be risky with the FOMC statement and FED rate decision but i try to ignore the fundamental side of things

Comments

Cool bud, I am looking at the similar execution on it. I probably like to see a breakdown and small continuation correction to enter. thx
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BenFxLDN jojofang0901
@jojofang0901, yeah i just entered a short position on that hourly engulfing candle. erm, slightly aggressive entry but will see how it goes
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@BenFxLDN, :) Nothing wrong with your entry, fits your plan then go for it.
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