Lay-Z
Long

$$GBP/USD Pending Long Order

FX:GBPUSD   British Pound/U.S. Dollar
310 2 5
4 months ago
be careful with shorting the bottom of GBP/USD             .. Looking At Gbp/USD             There are many signs of a possible reversal in trend.
I've seen to identify possible support structure on GBP/USD             Where price has bounce of the support area 3x.

However price is currently testing the 76.4% which it's struggling to close above, however i'm anticipating a 'Possible Break' upwards
And I Will not be entering this set up until i see a confirm close above 1.23859.

More Details Are On Chart.
4 months ago
Comment:
snapshot
Price is in a consolidation zone, as i said it may possible break out upwards, but i will wait for confirmation before entering a long (as said on chart) however as i said in the description price is also struggling to close above 76.4% which may lead to more selling if price close below and more selling momentum to break the support trend-line where we may see price drop down back to 1.9022 i will also get in shorts if price does break out downwards as for now am flat and waiting for the opportunity of a possible breakout in either direction reveals it's self.
4 months ago
Trade active
caothecongtoan
4 months ago
the bearish is still dominant, becareful.
Reply
Lay-Z caothecongtoan
4 months ago
Yeah thats why its a pending order.. not a ordering now order.
Reply
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