DLavrov

GBPUSD Sell Opportunity

Short
FX:GBPUSD   British Pound / U.S. Dollar
The price bounced from the downtrend line and the cloud. RSI confirms price reversal. DMI is going to confirm downward movement. It's short opportunity. Pending orders for sell can be placed below the uptrend line and the previous low at 1.30850 level. Stop orders must be placed above the local swing high at 1.32400 level. Profit targets are 1.29000 and 1.28000 levels. As for money management, don't risk more than 3% from your deposit for this trade.

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