Some traders may think that it’s okay to still enter short on this currency pair because we are still between the 786 and 618 area in the fibonacci on the role reversal, but I didn’t feel right shorting it because we were in the asian session. Right now I could’ve shorted around 8 pm EST on the pair and could’ve snagged 30 pips with a tight break even stop, but I’m just going to say that this trade wasn’t a part of my system. Anyways maybe I could short again at the London session. I really want these tight break even stops on all of my trades. Anyways if any bears have any recommendations please do tell it at the comment section.

GBPUSD Short 1 Hour

GBPUSD Short 5 Min

Maybe by the london session we could either get a double top or head and shoulders on the 5 min chart.

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