jeffreyysl

GBPUSD-DAY PINBAR Forming Friday Y180413 -WAIT For Next WEEK

jeffreyysl Updated   
FX:GBPUSD   British Pound / U.S. Dollar
As of Last Friday Closing. Many Pairs are showing a DAILY PINBAR! ie
CadJpy/ AUDJpy / GbpJpy / NzdJpy
GBPUSD / AudUsd


BUT do look out on Monday how it will turnout!
CAUTION: Market Moves The Way It Wants To Move !

ANALYSIS: (as of last Friday closing)-Y180413
1- WEEK and Month BAR is still showing up STRONG UP
2- Monthly 50% FIBS 1.4550
3- Would Likley See this Pair Moves towards there..

CURRENT PIN BAR-Daily IF Formed by Monday Y180416
> We should see ..
4. Short Pull back to Daily Fibs 23.6% @ zone 1.42214
OR
> A stronger Pull back to 61.8% (where Weekly S/R sits) @ Zone 1.40942

Thereafter we HOPE A REBOUND of UPTREND to 1.4550 (Monthly Fib 50%)

CHEERS
Trade active:
WE STILL BULLISH on CABLE !! LONG
Trade active:
As our CHART Shows above 1.4258. LONG ENTRY TRIGGER. Now Close to our 1st Profit TGT !! 1.4352

Next TP TGT 1.44836 (Below our WEEKLY S/R of 1.44994 & Month FIBS 505 @ 1.4550
Leave Both end of CARROT Stick alone, NO WAY U can eat all !!

CHEERS
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