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amanpaulbhogal

Short Cable

British Pound / U.S. Dollar (FX:GBPUSD)  
amanpaulbhogal  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Doji 618 Fibonacci Retracement 1272 Fibonacci Extension Bearish Trend Line
3
0
supportandresistance doji 618fibonacciretracement 1272fibonacciextension bearishtrendline
Case for entry short:
  • bearish doji bar close;
  • retest/rejection of resistance at ~1.5025; and
  • 0.618 Fibonacci level rejection and close below

entry - below doji close
stop - above doji close
target - ~1.4830 (weekly support level and also 1.272 Fibonacci extension level)
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