TerryHarmonicTrading
Long

GBPUSD - Bullish Shark just below 1.3

OANDA:GBPUSD   BRITISH POUND / U.S. DOLLAR
Apologies for the quite week, went to Shanghai for a week of work and meetings.

The internet connection there was horrible too, making it a chore to chart on tradingview.

Now that I am back, I want to share some ideas I have for next week.

First up is GBPUSD             where I see a potential bullish shark completing next week on the h1 chart.

EP 1.2985 - 1.2995
SL 1.2940 (55)
TP 1.3250 (255)

Before the entry, I hope to see these happening on the volume indicator.

1. Big black bar signaling the big boys are starting to buy in
2. High effort, close strong candle

I might get in on the inital entry or the retest depending on how convincing #2 is.
Trade active:
snapshot


GBPUSD is ready for shorting.

I see a high vol push up failure aka upthrust.

EP: 1.3182
SL: 1.3240 (52)
TP: 1.2990 (192)
Comment: 50 pips in the money for now.

Hopefully the 430 news can push it towards 1.3 where I might TP on my short and look for opportunities to long.
Comment: Shifted SL to 1.3180 to protect my capital.
I was Missing Your Trade-Ideas brother, Welcome Back.
Reply
@forexshooter, thanks. Back home and fully prepared for the week ahead.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out