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Short

GBPUSD Further Downward Momentum

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
38 0 2
7 months ago
GBPUSD             is currently below 20 MOV             AVG ON DAILY and 4 hr             chart. Heiken Ashi , CCI , and MACD are all in favor of the downward move on Daily, 4hr, and 60 min chart. For entry wait for price to close below 20 day mov             . avg. confirmed by Heiken Ashi bar, CCI , and MACD . Overall trend is still down.

Expected Entry at 1.4150 -1.4200 . Use 35 pip stop and aim for 150 pips . Pay attention to the round numbers as possible reversal areas. 1.4100 and 1.4000. Personally I will be exiting half my position at 1.4100 and let the remainder run.



Entry: SELL 1.4150
SL: 1.4186
TP: 1.4000
7 months ago
Comment: Currently waiting on 60 min chart to agree with the 4 hr and Daily chart using MACD, CCI, 20 Moving Avg.. and Heiken Ashi Candles. Getting real close!
7 months ago
Trade active
7 months ago
Comment: Still Valid and moving along
7 months ago
Trade closed manually
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