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kopparam
Dec 11, 2015 6:00 PM

gbpusd, hourly, multiple confluence zone to take shorts Short

British Pound/U.S. DollarFXCM

Description

gbpusd completed recent setup 2618 setup successfully
looking to sell @1.5240 @ completion of cypher pattern
targeting 1.4925 for completion of final leg of shark pattern

see structure to the left
couple fib cluster @1.5240..78.6 retracements from tops of 1.53365 to the lows of 1.4895
61.8 retracements @1.5265 from tops of 1.5495 to the lows of 1.4895

trade provides good RR aswell
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