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jarodp42
Apr 10, 2017 8:08 PM

GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

Price has a nice triangle pattern set up.Price broke and came back for the retest just as planned. Will be looking for price to continue as the pattern suggests! Will update as price moves.

GL to all and trade safely!

Comment


Trade is sitting at a nice entry point. GL if you take the trade, but make sure you have your own strategies for entry and exit points.

Trade active

Trade closed: stop reached

Trade closed due to President trump tweeting the dollar is too strong causing currency paired with the dollar to rise.
Comments
bcombs95
good outlook. i posted an idea similar to yours yesterday but using a fibo retracement; but i absolutely agree that because it broke the flag to the downside, that it will continue trending in a bearish direction
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