eirik.kaasa
Long

Buying fresh demand - looking for 1,236 FIB extention

FX:GBPUSD   British Pound/U.S. Dollar
73 0 7
7 months ago
GBP is very interesting these days. There is a lot of uncertainty regarding possible Brexit. Some might position themselves for a big drop back to 2009-levels. So my general idea is to look for buy-opportunities on the way up to 1.52-levels and short from there - IF the Brexit happens. If NO brexit happens, I think the GBP will stabilize around 1.53-1.55 so in that scenario I am bullish .

Todays trade: Based on fibonacci and supply/demand analysis, I am buying the 61,8% pullback at 1.43940 and heading for push to 1,236% at 1.49170.
7 months ago
Comment: I was stopped out on a tight SL. I am entering again. Same idea.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out