GPBUSD Short position March 2018 Short

British Pound/U.S. DollarFXCM

Description

⋅ Feb 25, 2018 11:15 PM

Break of neckline and retest of 61.8% fibonaccin retracement.

Short at 1.3988 on break down of previous neckline.

Two price targets are at fibonacci extension targets of 127% and 161.8%

I can't find the fibonacci extension tool on trading view to show extensions.

Trade active

⋅ Feb 28, 2018 10:56 PM

This trade has developed nicely into profit.

Eyeing the first target of $1.3626 in the next 24 hours

Chart Patterns