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lawlee9
Jun 28, 2016 11:07 PM

GBPUSD Head and Shoulders - 2 move play Short

British Pound/U.S. DollarFXCM

Description

We have a head and shoulders on the 15 min. I entered a short on the close of the red candle after creating the right shoulder. Will take this down to the next support level, which is an area price needs to retest on the 1HR TF. I will leave a buy order to take prices higher at that retest level. I'm looking at 1.364 for resistance, but I have a feeling it will go higher than that.
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