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winnie144

On the way down

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
winnie144  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns shortsetup sellorder resistence downtrend retracement
4
0
trendanalysis chartpattern shortsetup sellorder resistence downtrend retracement
GBPUSD:
-on weekly quite strong resistence almost reached ( order for sell already prepared)
-on daily little bit of a move needed to trigger the trade
-stop based on fibs
-take profit based on structure mixed with fibs
- quite good risk/rewards ratio
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