TradingView
urgzlurgz
Jan 14, 2017 12:49 AM

GBPUSD MULTIPLE TRADE  

British Pound/U.S. DollarFXCM

Description

SHORT ONCE PRICE BREAKS BEARISH TRENDLINE , PUT STOP LOSSES ABOVE C AND TAKE PROFITS AT 1.618 EXTENSION AREA. NEXT BUY AT 1.618 , EITHER BUY STRAIGHT AWAY OR WAIT FOR A BULLISH PIN BAR FOR ENTRY , AND TARGET THE E LEG , THIS MEANS AB=CD AND BC=DE HARMONIC PATTERN COMPLETION. PUT STOP LOSSES BELOW D .

Comment

BREAKS BULLISH TREND LINE NOT BEARISH
More