British Pound / U.S. Dollar
Long
Updated

Long GBP/USD

142
Just a long on the GBP/USD with targets back to the Daily Trend Line. SL set just below the newly formed double bottom.

Come watch me take these trades live over at twitch - twitch.tv/ghostdigg
Note
Having watched the price action after the break of the trend line, seeing the rejection of the 130.00 area and a formation of a divergent top on the 1 HR (10,6,6) STOCH I got off this trade at 129.50 for a very small loss.

I will continue to monitor this pair for a break or bounce of the trend line just below these levels

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.