GBPUSD - Bearish magnet trade after retest - POT BAT completion
GBPUSD - Bearish magnet trade - POT BAT
Back from holidays :(
Looking to short the GU again after pullback with still a bearish Bias as my current GBP trades over the past month and so.
Resistance at B point broken through down and failed retest
In same area we have broken the uptrend TL and retested at resistance
B-D magnet trade with potential to 1.248++ *AB=CD here and would end the trade waiting for a bullish move.
Back from holidays :(
Looking to short the GU again after pullback with still a bearish Bias as my current GBP trades over the past month and so.
Resistance at B point broken through down and failed retest
In same area we have broken the uptrend TL and retested at resistance
B-D magnet trade with potential to 1.248++ *AB=CD here and would end the trade waiting for a bullish move.
Comment:
Beautiful pin bar off TL, downwards we go
Trade closed: stop reached
I have purchased half now and half at completion.
If the Bat does not eventuate a sell stop will be in place further past my initial Sell.