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KhaleemAli
Feb 21, 2017 10:13 AM

GBP/USD SHORT - CTL Touch/Downtrend/Shooting Star Short

British Pound/U.S. DollarFXCM

Description

Took a short on this pair, saw a shooting star, and a touch on the descending CTL, so took a short there, placed to at the swing low although it should go lower, but I'm being conservative because the last LL was not taken out. SL placed above the shooting star wick.

TP @ 1.23887
SL @ 1.24881
R/R @ 2.11

Comment

SL moved to breakeven. 85% of target achieved.

Comment

SL hit. Breakeven Trade.
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