Is Cable about to go down - Possible 2618 short Short

FX:GBPUSD15

British Pound/U.S. DollarFXCM

Description

⋅ Nov 11, 2016 4:57 PM

1. Double top
2. RSI Divergence
3. Lower low
4. 6.18 fib retracement ?

Comment

⋅ Nov 11, 2016 5:07 PM

Please "like" if you agree

Comment

⋅ Nov 11, 2016 5:08 PM

Sorry I meant 2618 not 2816 lol

Comment

⋅ Jan 11, 2017 1:37 PM

This turned out to be a fantastic trade but the rules of 2618 didn't allow me to enter.
After quite a few situations like I decided to learn Elliott Wave Principles