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Timing_is_key
Oct 7, 2014 3:16 PM

Potential Shrinking Ranges Trade! Short

British Pound/U.S. DollarFXCM

Description

Looking for a pullback on the pound after a completion of 5 pivots, The lower RED Upward parallel is now broken lets see if I get a fill for a SHORT!
Comments
Timing_is_key
Looks as though this ones going sideways, I'ts not following the lines down & it's breached 2 downward reaction lines so I am out B/E....On to the next!
Timing_is_key
Got the fill, It now needs to break the 0-4 line, lets see how she goes, Minimum target level is the No. 4 Pivot
Timing_is_key
Did get to number 4 pivot for those who took the TP
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