Recently, U.S. consumer, inflation, and labor data came out very well, but the GBP Monthly Retail Sales data showed a poor result. This might be a bias that confirms my trading ideas fundamentally.
Technically, I observed a Rising Wedge at the end of Wave 5 Elliott Wave and bearish divergence in MACD. This convinced me enough that we're now in a "corrective wave" and looking for Short Entry.
Disclaimer: On
May the pips be with US
Cheers
Technically, I observed a Rising Wedge at the end of Wave 5 Elliott Wave and bearish divergence in MACD. This convinced me enough that we're now in a "corrective wave" and looking for Short Entry.
Disclaimer: On
May the pips be with US
Cheers
Trade active
Short : "Entry Zone"SL : 1.279
Trade closed manually
It takes longer than expected.I close partially with BEP and let small amount open
Trade closed: target reached
TP 1
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.
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.