TradingView
ahmed323214
Sep 8, 2019 9:07 PM

GBPUSD Short

British Pound/U.S. DollarFXCM

Description

-Possible Short- as the market is on point C on the Elliot Wave
-Candle stick has Re-tested the daily trend line (Blue)
-Formation of a head & Shoulders pattern- Right Should in formation
- Entry could be awaited for further confirmation until neckline is formed

Trade closed: target reached

Trade initially Hit SL- Bullish momentum overpowered (ie House of Commons- opposition willing to block election until Brexit delay secured) Re-entered for a buy hedge trade recovering losses + ending on overall profit
More