masterthemarkets2010

GBPUSD - Double IB and is it going to reach 50% OE?

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is compressing and making a double insider bar. After a compression,we usually get a big outburst move. We have placed our entry on the confirmation bar according to our smart money framework and the target for the 50% OE distance as indicated on the chart.

Trader Order Details:
GBPUSD(Short)

E - 1.2146
SL - 1.2332
T - 1.2040

We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.

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