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DraganDrenjanin
Aug 29, 2013 1:17 PM

Brainiac GBPUSD LONG Scenario Long

British Pound/U.S. DollarFXCM

Description

Short Review:
SHORT SELL first target : 1.54530

Long Review:

Then wait to see if the pair break the resistance line at 1.54520.
If GBPUSD not break the line of resistance, we will have a strong Up Bullish trend.
In this case, the pair will go up to the line of resistance.
If the pair does not break the line of resistance at the price of 1.57189 the pair will move sideways for a while.

Your target should be looking at this chart.
The first target I mentioned.

The most likely scenario:

1) Sell SHORT_ TP : 1.54520
2) Buy Long_ The first target ,TP@ 1.55075
Another target, TP@ 1.55500
Next target,TP@ 1.56500
Dead line, and our ultimate target is to price 1.57180

GOOD LUCK !

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