British Pound / U.S. Dollar

Short

GBPUSD - ALT Bat in play

Updated

GBPUSD - ALT Bat in play

Standard rules apply
Is the GBPUSD pullback complete, continuation down?
Long and short term bias - Selling.

Note

Lots of news today prepare for a whirlwind with loose stops on solid trades
Tight stops may see a lot of losses, otherwise dont trade the GBP :)

Note

DIV @ the 1.272 Extention
RSI retesting the 70 after Overbought

snapshot

Note

Consolidation breakdown 101

snapshot

Note

retest of breakout complete

snapshot

Note

patience..

Note

this trade just a continuation for me on an already bearish LT trade.
Trade safe, stick your plan.

Trade closed: target reached

Target reached for short term trade.
Long term trade still open from 1.298
Target 1.255

Related publications

GBPUSD - Gap filled, continue down trend. - Short

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