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Riz_Ezreal
Jun 21, 2018 5:26 PM

"We don't do it here" Short

British Pound/U.S. DollarFXCM

Description

No man. Longs allowed no more. It's over. Go home. You cannot just expect the economy to bounce up all of a sudden due to some Monetary Policy releases. Na-ah. Super selloff incoming. Gotta focus more on the support and resistance levels (pink rectangles).

Super overbought on all indicators. You kidding?

Best of luck.

Riz.

Comment

All the support and resistance (revised) :

Comment

It broke the 50% resistance....just hold until a large pullback and low volatility (bull).
Comments
ahmedzahid2799
whats your short target?
Riz_Ezreal
@ahmedzahid2799, Could go to 1.31
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