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hopiplaka1
Dec 10, 2014 7:41 AM

Shorting GBPUSD in LO Short

British Pound/U.S. DollarFXCM

Description

I'm shorting GBPUSD after the major weekly based retracement of yesterday.

On the 15 Min market structure was broken to favour shorts. We have hit the 15Min bearish order block, right into a 5MIN swing point trend line, which aligns close to the 50% of the bearish 15Min order block.

The level is a big institutional level as well

Comments
Tarri
Shorted at 1.57 as well because ote from yesterday's high. AR setup looked to favour a Judas into this level. Seems to be forming SMT divergence with fiber. Let's see how it goes.
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