GBPUSD potential short Short

British Pound/U.S. DollarFXCM

Description

⋅ May 3, 2016 1:14 PM

As momentum starts to slow down and the MACD diverges I think that we may have a weakness giving us a short opportunity. My idea on attacking this one would be to wait for a double top or the price to leave the chanel and than to look for an entry.

Trade active

⋅ May 5, 2016 7:53 AM

Going my way for now. :)

Comment

⋅ May 9, 2016 11:04 AM

TP1 Reached. Stop is at break even.

Trade closed: stop reached

⋅ May 20, 2016 6:23 AM

Got a break even on the secon position.