GBPUSD BEARISH PENNANT FORMING?

Aug 25, 2016

Notes on the chart.

Good luck!

Aug 26, 2016

Note

We need to wait the breakout of this NEW ctl before it can trigger the trade: the R/R is reduced a little bit but we'll avoid false breakout.
(we'll adjust the new ctl if price can't close below it)

Aug 26, 2016

Trade active

Candle closed below the new ctl that I posted above. The trade is active.

Aug 30, 2016

Note

SL moved to breakeven

Sep 1, 2016

Trade closed manually

Closed at breakeven :)