EuroMotif

GBPUSD short scalp: GU gap continuation Idea

EuroMotif Mod Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
GU gapped down to open the week, based on Brexit news.
Watching the gap-fill attempt to enter short soon.

Background:
I am a Dollar Bull and Pound Bear, and will remain so until BOE starts talking about rate hikes or PM May starts presenting a positive and plausible Brexit scenario.

My GU adventure started with a search for top of uptrend around Sept 20th

Then came the big drop, which I caught most of. I started looking for bounces to short

Next I was looking for 1.2700 as a bottom which was hit and bounced hard
After taking some longs on the bounce, I was looking for shorts again:
Which brings me to the current plan, looking for short entries
Commentaire:
Watching closely here, in resistance zone and the .382 fib is of interest. would prefer higher zone to short, but looking for signs of rejection here

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