SignalSwiss
Long

GBPUSD: DOUBLE BOTTOM IN DEVELOPMENT

FX:GBPUSD   British Pound/U.S. Dollar
2599 14 33
OUR LONG SETUP PLAN:
GBPUSD: REBOUND CONTINUATION?

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Related Ideas

EricBuss
2 months ago
Any long trade suggestions w/ this pair?
Reply
TheFalcon EricBuss
2 months ago
This is a suggestion
Reply
Noobsnoot
2 months ago
double bottom strategy is still valid?
Reply
Lucky5
2 months ago
Where is the bottom? On monthly chart it looks it will go to 1.25, 1.20 may be too much of falling...
Maybe I'm wrong, but after looking for long for few days I thought it's better to give up for now and start shorting the pair 'till it teaches the bottom. But where is the bottom? 1985 was around 1.05...
+2 Reply
vdelgior Lucky5
2 months ago
World will punish UK for Brexit. and 1.05 could be a possible view in middle term.
But may be we can play on some rebund in the while.

Unfortunately i'm in long sicne 1.28.... image my feeling
Reply
33788 PRO Lucky5
2 months ago
I'd take $1.25 (1 dollar and 1 quarter) over $1.26 (1 dollar, 1 quarter, and 1 penny). Got to thinking of that logic more so I now have my long setup at $1.25. Maybe lucky to get 200 pips because the DXY is way to strong and don't see any clear reversals until about $98.00 for the DXY. Great analysis and good luck everyone
Reply
AldrichChong
2 months ago
is it still valid?
Reply
Trendhopper PRO
2 months ago
snapshot


I cant find a lower point on the chart, so only direction I have I have is this potential AB=CD and trendilne support at .94 area sometime in 2019
Reply
dalevestor Trendhopper
2 months ago
Wondering why you don't set up your horizontal line from the lows in 1994 and 2001/2002? If you did that we would be just about where the price is today?
+1 Reply
Trendhopper PRO dalevestor
2 months ago
cos that would invaldate the AB=CD idea
Reply
Trendhopper PRO dalevestor
2 months ago
but a good observation u make
Reply
JohnQuid PRO
2 months ago
"Trade Closed, Stop Reached"- BSE.
Reply
philipvdlinde1
2 months ago
Utterly annihilated
Reply
judderod
2 months ago
Ouch. Glad I was short.
Reply
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