GBP USD is providing us a great opportunity.
Weekly- the previous candle has touched in the weekly trend line and rejected, creating a bearish candlestick this week.
Daily presented us a engulfing candlestick, and also showing a clear rejection, from the weekly trend line.
However,4h looks like we will face some consolidation before going south. We must at least see a retest of the blue zone represented in the chart-1.27070 , before taking any short position. I do believe the restest will be rapid and strong, that will take us directly to 1.27930( daily key level). Once we reach the daily key level, I will be here, back to update you guys! Please look for long term if you really want to capitalize this postion
Weekly- the previous candle has touched in the weekly trend line and rejected, creating a bearish candlestick this week.
Daily presented us a engulfing candlestick, and also showing a clear rejection, from the weekly trend line.
However,4h looks like we will face some consolidation before going south. We must at least see a retest of the blue zone represented in the chart-1.27070 , before taking any short position. I do believe the restest will be rapid and strong, that will take us directly to 1.27930( daily key level). Once we reach the daily key level, I will be here, back to update you guys! Please look for long term if you really want to capitalize this postion
Note
Entered at 1.29002 and 1.28874, I will be posting the results on my instagram- TradingProtection and Twitter #realaccount #realtrader #realprofits
Note
Hey guys, as you can see in the picture the market is creating a trend/pattern, that is a clear correction, ( educational- the bigger the correction the bigger the explosion). Entries somewhere around 1.29002 and the top of the trend is the best entries! Note
Possible double top. Allow the trade to breathe
I will be here to update you guys, in addition I would like to show more transparancy in my entries and results, including my size lot, that I know that normally no one shows.
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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.