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OrcChieftain
Oct 27, 2021 7:26 PM

GBPUSD: XO triple bottom into catapult short set-up Short

British Pound/U.S. DollarFXCM

Description

Trying my first XO trade.

This looks like a triple bottom sell with a pole which may be followed by a catapult double bottom sell. Looking good!

I won't be getting into the details much as I am beginning with this type of analysis myself. Looks like a good short after "O" paints below the blue line and creates a new sell entry with a stop-loss above the last "X" column.
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