DOUBLE TOP WITH NECKLINE BROKEN. CURRENTLY @ 61.8%. 2618 SETUP. RISKY THOUGH AS GBP IS BEING PUSHED UP FIERCELY. BUT I HAVE FAITH IN 2618.
CLICK THUMBS UP IF YOU LIKE THIS IDEA OR WISH TO RECEIVE UPDATES. NO UPDATES IF LESS THAN 20 LIKES.
H4
Comments
IvanLabrie
⋅
Good, might be a buy soon.
PriceActionTrading
⋅
You are certainly right mate, but its my rules to stay out of pairs with such gaps (unless analysis is really assuring). Just my opinion, kinda old-fashioned and fearful but its working out for me. You be good in your trades mate.
IvanLabrie
⋅
Well, gaps normally happen when the market is 100% one sided.
I want to buy that.
We will see a rally and a new top from this area, just watch for a clear entry.
PriceActionTrading
⋅
Yes mate, i will also wait for the NY market to take effect and see what/how closes end of tonight's session, before making any trading decisions.
PriceActionTrading
⋅
LAST UPDATE : PROFIT HIT @ 192.5, FULL POSITION CLOSED.
Andyle
⋅
Hit my sell limit @195 :) Hope 2618 works
Dinkan
⋅
This chart is very interesting. However, I placed a buy limit there. Let us see what will happen. I will update the progress accordingly!
PriceActionTrading
⋅
Good luck mate. Yea trend is still bullish, this is counter trend.
Dinkan
⋅
My prediction is it can go around 202.900 ! see Monthly chart! thank you
PriceActionTrading
⋅
I see you bought off the daily. Thats solid decision. But i have contrarian view. Wish you luck, and i wish myself luck too.