jcmoneyman

GU Long then Short

Short
jcmoneyman Updated   
FX:GBPUSD   British Pound / U.S. Dollar
D: Consolidating between monthly key levels
4H: Uptrend, price broke below and retested 4H trendline @ -61.8
1H: Downtrend, price retraced 38.2% and hit -27

CURRENTLY: I'm looking for price to rise to retest support/resistance and/or trendline, Then, break 1H uptrend to go short to -61.8 on the 1H FIB. 2 TP points along the way

~60 - 120 pips
Order cancelled:
Never broke trendline

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