HUGE CHANNEL! This idea looks very promising: keep in mind!
Look careful on the HUGE ascending channel which start in 2010. We see that price has broken it downside previously and made pullback after-that. However, price did not start to fall further but came back into a channel. That fact gives us hope that price could rise significantly till an upside of the channel. Let's hope for the best!
Comment:
This is monthly view. You can see that MAs are still close to each other, however on W chart we see that they have started to divergence. So, the divergence could be a sign that move has already started. Let's hope for a best!
Trade active
Trade active
Trade active
Trade active
Trade closed manually:
Bad dynamics on GBPUSD. :( Looks like much more patience is needed for this trade.
Trade active
Comment:
Momentum has decreased... so chance for continuing of rising trend has returned.
Trade active:
It is just perfect!
Trade active
Comment:
Poor dynamics, some patience still probably needed. :( Closed it temporary.
Order cancelled:
The dangerous asset. A rigorous risk management is mandatory.
