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alexfosterski

GBPUSD (short)

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
alexfosterski  
OANDA:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Fibonacci Trend Lines GBPUSD short trend Parallel Channel
6
1
supportandresistance fibonacci trendline gbpusd short trend parallelchannel
Trade Analysis
Reason For Entry:
- Rejection of 1H resistance
- Broken ascending channel
- Broken 1H ascending trend line
- Outer 0.618 Fib
- Inner 0.618 Fib

Reason For Stop-loss:
- Above previous highs
- Above 4H resistance
- Above 4h channel

Reason For Target:
- Targetting 4H lows

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