piphunters
Short

GBPUSD: Sell breakout

FX:GBPUSD   British Pound/U.S. Dollar
700 5 27
The pair is in down trend and currently breaking down out of the smaller degree corrective structure giving us a good opportunity to short it.
Comment:
snapshot
Comment: sell breakout
Agree. Supported by longer time frame bearish butterfly...
GBPUSD - SHORT (Butterfly or Crab)
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so what to think of that thing now?
Reply
piphunters ernstschwarz
the structure has not changed at all, any break down you can still sell.
Reply
ernstschwarz piphunters
maybe good to have that double-top now in the chart.
+1 Reply
piphunters ernstschwarz
yes
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