26.18 Long

FX:GBPJPY30

British Pound/Japanese YenFXCM

Description

⋅ Jul 21, 2014 5:22 PM

Is this going to be 26.18 trade? I dont know but see double bottom forming up and im waiting for that 0.618 retracement

26.18

Comments

Aqua-Life

⋅ Jul 21, 2014 6:59 PM

With a 2618 the structure of the double bottom should first be broken before the entry at the 61.8 retracement.

Davis

⋅ Jul 21, 2014 8:21 PM

well I guess good Ol` internet provides us with different variations about the same object...

Would you mind to share some more educational info about 2618 trade?

Thanks in advance.

Aqua-Life

⋅ Jul 21, 2014 8:31 PM

Yes ofcourse.

Davis

⋅ Jul 21, 2014 8:45 PM

Thanks man! :) really appreciate it!