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SighTTrader
Sep 6, 2016 2:07 PM

Short GBPUSD @ Top Channel TL and Fib 1.41 Extension Short

British Pound/U.S. DollarFXCM

Description

Looking to Short GU at Top of Channel TL and fib 1.41 Extension on Reversal Confirmation. Will play this as a Range trade, Top of Channel entry with bottom of Channel TP.

Comment

TP is close getting ready incase it misses it by a couple of pips i close immediately. Hate when that happens... :)

Comment

Only took a bit more patience to survive that pullback after missing my TP by about 10 pips but close 3/4 of my short position and will let the remaining keep working with a trailing stop. Great Trade.
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