TradingView
roostyroo25
May 8, 2020 11:18 AM

Strong signs of continuation on the trend. (agree or disagree) Short

British Pound/U.S. DollarFXCM

Description

as shown there is a strong trend to the downside, expecting a continuation.

SL: just above most recent resistance.
TP: supported by the fib and a fairly recent support.

just waiting for the confirmation of my indicators to go short.

what do you guys think.
Comments
Owenshaw99
i believe with NFP Coming out today it will shot this into a Long, Just wait till 1:30Pm GMT
roostyroo25
@Owenshaw99, yes! thanks for the headsup. managed to close in profit just before.
Owenshaw99
@roostyroo25, thats no problem, To learn when other major new will come out use a webstie called Forex Factory
it tells you about upcoming news that normally affects the market
roostyroo25
@Owenshaw99, Ah right, ill give it a look, cheers!

what type of trader are you owen?
Owenshaw99
@roostyroo25, wouldnt know as such just getting started but learnt alot from my guy, he meantioned forex factory, and the NFP which he also said was no fucking profit. just starting to trade real money this last week
roostyroo25
@Owenshaw99, nice man, hows that going for you?
More