GBPUSD: Down is the way to go

Mar 12, 2017

Hi traders,

I've been ill for the past few days, but I'm back now :) On the GBPUSD I'm looking to enter short as soon as we get a closed candle below the black trendline. Target is a completed AB=CD pattern, at 1.20300 area.

I will be updating this chart as time progresses.

Mar 14, 2017

Note

Still waiting for a close below the line.

Mar 14, 2017

Order cancelled

Although I do believe that we will go down, there is no clear entry for me right now.