More woe for GBP.....the bottom 1.245 needs to be retested.....
Trade active
I just shorted this pair at the .618 fib.....
GOing good today on currencies except USDCAD and oil.....but Im holding as those trades as they will reverse....Ive also hedged with positions going with trend to minimilise any losses
Note
I forgot about this post !!!I closed that short at break even....
I then shorted again at the 1st top 1.3065...trade looking good so far as 2nd top hasn't gone any higher....
Trade closed manually
Trade active
New short at 1.3065....TP 1.2456Note
Just doing another study on this and I'm seeing a right shoulder and potential butterfly formation
Note
I have adjusted TP to 1.26
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.