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DocWonmug

GBPUSD 240 short – RSI and PA break low

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
DocWonmug Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Lines Support and Resistance Oscillators
2
0
trendline supportandresistance oscillator
RSI has broken below the trendline and the 50. PA has broken below the 95% regression fit channel. Waiting for PA to close below the SR at 1.28630. Entry, SL and TP are approximate.
Comment:
Also I might add there is pretty graphic RSI divergence that I missed on my initial idea. And there is a probable new HH in the UT. Still waiting for the break below SR at 1.28630.

snapshot
Trade closed manually:
Manual exit – PA zooming up, chickened out. Made 158 pips in 21 days. PA previously got to 90% of TP, and broke bottom of the 87% channel. Sorry, I forgot to show the trade entry, but it's on the chart.

snapshot
Comment:
Oops wrong trade. Sorry.
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