FX:GBPUSD   British Pound / U.S. Dollar
Reasons for Entry:

1. Price hit the 1.3700 key level which has 3/4 previous touches.

2. 4H stochastic in oversold area signalling to short.

3. Ascending Triangle reversal pattern forming signalling a bigger short over time.

4. A news report that led me to believe I should go opposite of it...

PT: Near the bottom 4H Trend Line .
Trade closed manually: Took profit at 1.36425 because long 4H wick and struggle to break past the .3 Fib level.

Comments

the news sealed the deal for me . short lol
+1 Reply
@hoodrhys86, Literally.
Reply
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