GBPUSD Short

By PEAK3
Updated
GU short based on red folders for GBP at 7:00am
-possible double top on 4HR

option 1(yellow): cup and handle formation.. price will fall and then break trend line
option 2 (blue): price falls to grab liquidity from July 28th (black line)

30 pip sl for +35 pips .. if it grabs liquidity it will be +59 pips... let's see
Trade closed: stop reached
SL hit... manually set limit for 1.39375 which is now up +60 pips.. will continue to hold position on MT4
Chart PatternsFundamental AnalysisTrend Analysis

Disclaimer