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UnknownUnicorn2215917
Jul 31, 2019 12:12 PM

GBPUSD BEARISH  Short

British Pound/U.S. DollarFXCM

Description

Contrary to my previous long idea for gbpusd, as the impulse down outweighs any signs of pushes to the upside. I believe it's more likely to see a bearish continuation as price seems to lock into this restricted pennant. This would suggest price is exhausting before continuing.

Trade closed: stop reached

Comment

(For my trading journal) Mark the tops and bottom of swings. The exhaustion up may form a retracement.
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