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Dale_Ansel
Feb 12, 2015 3:04 PM

GBPUSD - Watch for reversal - SHORT Short

British Pound/U.S. DollarFXCM

Description

RSI is at peak overbought condition, price is near structure
high from previous area back on the 6th. Exhaustion candles
showing weakness. I'll be watching price to move into the RED
box structure area and break below/close below and I'm in for
a SHORT position.

Good Luck!
Comments
chetan.visa
I Think its heading towards 1.5550
Grzegorz_Szafranski
Are you still hunting here ? @Dale_Ansel
DrFaust_Official
it will be missed too many pips, if shorting order below closed red box be. A reversal point I think should be now.
DrFaust_Official
agreed!
andrey.emel
Thank you!
Sam0101
can i short now ?
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