Potential GBP/USD Bearish Kumo Breakout

5 May 2016

If we close below the Kumo, this indicates a change in trend and we should see a downward move in this pair.
I'll be putting my Stop Loss just above our most recent bullish fractal level of around 1.45750

5 May 2016

Not

If you're not willing to risk stops at 1.45750, then if the price remains below the highs of the 05:00 candle then this will be another bullish fractal so you could place your stops at around 1.45330