GBPUSD Bearish Trend Continuation Trade

17 thg 5, 2016

Here we see that previous structure support was broken and a lower low, lower close was formed (LLLC). I waited for the pullback and traded it, now looking for 3 take profit targets from using the fib. retracement.

Entry: 1.4453
TP1: 1.44073
TP2: 1.48785
TP3: 1.43318

Remember to roll stops to break even when first profit target is hit.