GBPUSD SHORT Short

British Pound/U.S. DollarFXCM

Description

⋅ Jan 5, 2020 8:57 AM

Confluence:
Confirmed - Falling channel on 4h
Confirmed - H+S with LL on RH shoulder.
Not confirmed - If price retraces to entry position and drops it will cross 50sma confirming move.

Tight SL gives 3:1 RRR

#confluence