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BeFinanceMate
Jul 25, 2018 12:25 PM

Support becomes Resistance Short

British Pound/U.S. DollarFXCM

Description

Broken Trendline becomes resistance
Price at 0.618 golden ratio
100EMA rests on price + Structure

Entry: 1.31545
TP: 1.30121
SL: 1.31880

Trade active

Please, give attention on tomorrow`s news for EUR. ECB is going to announce Interest Rate decisition, expecting to stay unchanged (0.00%). In this way we can hold GBPUSD, as it effects negative for GBP

Comment

Comment

Inside Bar breakout

Trade closed: stop reached

Comments
managertop40
your forecast was the opposit. Do you think now will it grow?
BeFinanceMate
@managertop40, nope, it will drop, I am looking for entry
BeFinanceMate
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