Marenno
Short

GBPUSD Short entry Set Up

FX:GBPUSD   British Pound/U.S. Dollar
The pair fell to 1.46569 Level.

Some participants missed the move and would like to have a peace of a pie.

Basically one of the entries can be the breakout of the current local low, but, there is possibility that the upcoming US news will define a current low as a low for today.

I suggest to wait till the pair will move towards 50% - 61.8% Area to sell. but the 38.2% is possible, in case if the level area will be reached today.

For SL I suggest to Use ATRX3
As a first target - current low at 1.46569

Entry points: 146.983, 147.099

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Using:
http://marenno.com/index.php/how-to-use-volume-and-open-interest-option-levels/

Counting:
http://marenno.com/index.php/counting-option-levels/

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Marenno PRO
2 years ago
Finally, Sell stop was a right one.
Reply
No_more_Post
2 years ago
GBPUSD

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