Fxtoronto
Short

ab=cd with structure

FX:GBPUSD   British Pound/U.S. Dollar
41 0 2
Hello traders, yesterday i posted a chart suggesting a bearish flag and i suggested that the 38.2 level around 1.538 might be tested before any long positions might be taken. Well here i have a decent entry with a tight stop loss till the entry from where i would like to look for possible long trades. We can see that there is a fib completion as well as a good structure level which appears to be respected indicating further downside. Targeting the 38.2 level since it is also a previous structure level
cheers
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