Shorting GBPUSD

52
I will be shorting the GBPUSD at around 1.33000 for the following reasons:

1) It had a strong bearish candle stick since October 2, 2017 and i believe this is the pull back to 38.2% fibonacci level

2) The 38.2% was also an area where it struggled for a bit on september 12, 2017 going from resistance to support.

3) I hope to see more confluences but if not i will keep a tight 35pip stop loss to ensure it is a small loss if it goes against me

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.