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Ratio Trading: GBP/USD shorting opportunity
British Pound / U.S. Dollar
Short
Ratio Trading: GBP/USD shorting opportunity
By RedStaR
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Sep 5, 2013
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5
Sep 5, 2013
A good shorting opportunity based on harmonic patterns.
Very good odds of trend reversal at price range of [1.57100, 1.57300]
Prices to take short would be either the top of the chart as mentioned above, or the trend line breakout.
Place your selling orders at both of these locations, whichever triggers first.
Targets to take profits are shown at areas of confluence.
Happy trading.
RedStaR
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