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FXROCKSTAR
Mar 1, 2015 9:43 PM

GBPUSD Short

British Pound/U.S. DollarFXCM

Description

Looking for midweek set up. Daily has an inverse head and shoulders with a low created at 1.49502 in addition created the bottom of the channel you see above. There may be room to take a short position but we have heavy support at 1.48304.

Trade Setup’s:
Enter Short @ 1.5150
Stop Loss set @ 1.5195
TP1: 1.44234
TP2: 1.35682

Weekly Stochastic RSI: Overbought
Comments
MisterTrader
I'm on it too :)
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