Hi3rophante

GBPUSD SHORT Fibonacci extensions for intraday trading $GBPUSD

Short
OANDA:GBPUSD   Sterlina / Dollaro
These are the Fibonacci extensions I am watching for GBPUSD today :

N1: 1.4190
N2: 1.4213
N3: 1.4246

Current intraday trend likely UP

DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME

Examples of SL and TP :

SL could be @ Fibo level 5.618 (1.4284)
TP could be @ Fibo level 0 (1.4152)

Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL

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