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CryptoPAMM
Apr 23, 2015 8:59 PM

GBPUSD - THE START OF DECLINE Short

British Pound/U.S. DollarFXCM

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Comments
CryptoPAMM
I think we just witnessed stop loss hunting, I have re-entered short trade at 1.5120
Shishmish
Setup still valid.
Filed short right in NY kill zone.
CryptoPAMM
yep completely agree, seems we hit the top right now at 1.5184
mcpeacocks
we closed above the 100ma (although only 3 pips) and 618 retrace of last major move on daily as well as daily trendline. bit ballsy to enter a short here, or the perfect spot? :)
Bratash
Watching 4h structural resistance
There was a rising wedge post trendline breakout so price tanked nicely
Assuming bears taking control here
Booked profit on previus short, we'll see next week action
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