mortdiggiddy

Potential 2:1 Short

Short
mortdiggiddy Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Getting tight. Rejection of CAM Week/Month R4 today. $EURUSD $DXY $GLD
Comment:
Bummer. That Retail data was great this morning for GBP.
Comment:
GU may just keep going and tag the opposite side of the pitchfork we have been traveling in for the majority of 2018.
Comment:
Super fakeout. These targets for this trade may actually still be valid, need a 15m pullback to get in short.
Comment:
After the recent price action I am moving the target down to 1.3000 and re-entering this trade short here.
Comment:
Selling more here on CAM Day R4 rejection during Trump's UN speech. Wild day.
Comment:
GU seasonality follows DXY... tops at about 3rd week of September and bottoms mid-November. This is more pronounced during a midterm and presidential election year such as this year.

imgur.com/a/wQ5ERWl

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