GBPUSD 1H - Bearish Swing

3 Eyl 2016

I placed my sell entry based on Fibonacci retracement .23% right after breakout of S3 at price 1.32821 and the take profit at .618% Fib at price 1.31751 and the stop loss just right at R3 at price 1.33060. This is a high probability trade with 4:1 risk and reward ratio.

Main Support Levels: S1: 1.3292 Main Resistance Levels: R1: 1.3299
S2: 1.3288 R2: 1.3302
S3: 1.3285 R3: 1.3306

6 Eyl 2016

Emir iptal

Changed momentum!