GBPUSD Long After Short Fakeout on H1
So dusting off the old charts here.
My Script is for entry predictions.
After the H1 candles called a short twice i went down to the M30 which put in a shooting star . So i took my loses and went long 2 micros. This is the first time I've traded since early to mid summer.
Went down to the M15 and got a buy signal.
Went down to the M5 for closer monitoring. See flag forming.
Confirm Bullish Pennant . Measure mask whip out the fibs. Notice Retracement to below bottom of where i considered above the pennant with lowest possible entry. Stack one micro.
Should be a nice ride. Trendline broken and all.
GBPUSD Long After Short Fakeout on H1
My Script is for entry predictions.
After the H1 candles called a short twice i went down to the M30 which put in a shooting star . So i took my loses and went long 2 micros. This is the first time I've traded since early to mid summer.
Went down to the M15 and got a buy signal.
Went down to the M5 for closer monitoring. See flag forming.
Confirm Bullish Pennant . Measure mask whip out the fibs. Notice Retracement to below bottom of where i considered above the pennant with lowest possible entry. Stack one micro.
Should be a nice ride. Trendline broken and all.
GBPUSD Long After Short Fakeout on H1
Note
Inverted Hammer** not shooting star.Trade closed: stop reached
TP above previous daily high was a greedy. +72 pips
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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.