MY SELL LIMIT FOR GBPCAD WAS JUST TRIGGERED. SHORTED @ 1.9500. M1 KEY RESISTANCE LEVEL @ 1.9555. MY STOP IS ABOVE THAT. TARGET FOR 2009 HIGH @ 1.9300.
RSI OVERBOUGHT D1 W1. RSI BEARISH DIVERGENCE M1.
NOTE THIS IS OBVIOUSLY COUNTERTREND.
D1
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PriceActionTrading
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UPDATE 3 : ADDED POSITION ON THE H1. 78.6 - 88.6% CURRENTLY. SHORT WITH SL ABOVE 100%.
I APOLOGISE IN ADVANCE IF MY CHARTS ARE UNCLEAR. I DO NOT KNOW WHAT YOU DO NOT KNOW.
I HAVE BEEN SEEING MY CHARTS THIS WAY FOR A LONG TIME THUS I AM USED TO IT, AND IT MAY NOT SEEM CLEAR FOR CERTAIN TRADERS.
BUT PLEASE COMMENT HERE IF YOU WISH TO UNDERSTAND MORE.
PriceActionTrading
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PRICE PENETRATED H4 TRENDLINE.
MORE DOWNSIDE TO COME IF H4 CLOSES BELOW TRENDLINE.
140 PIPS IN AND RUNNING.
THIS WOULD BE A LONG TERM TRADE FOR ME. ALL OR NOTHING.
I APOLOGISE IN ADVANCE IF MY CHARTS ARE UNCLEAR. I DO NOT KNOW WHAT YOU DO NOT KNOW.
I HAVE BEEN SEEING MY CHARTS THIS WAY FOR A LONG TIME THUS I AM USED TO IT, AND IT MAY NOT SEEM CLEAR FOR CERTAIN TRADERS.
BUT PLEASE COMMENT HERE IF YOU WISH TO UNDERSTAND MORE.