TheForexSamurai

Short Setup with two pattern completion

Short
FX:GBPUSD   Livre sterling / Dollar américain
7
Hi guys, we have short opportunity as for pattern trader, we have two completed bearish setup right here with a complete AB=CD and Butterfly. This is on the Daily TF. You can and do some top down analyisis down to the lower timeframe and look for sell setups or could go aggressively short and stops could be just above the daily candle highs or a good 1:1 RRR to atleast TP 1.

TP1: 1.2577
TP2: 1.2398

Stops could be place again on above the Daily candle previous high or a good 1:1. Trade with care.

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