fractal_trader
Short

GBPUSD Daily: Hits Breakout Sell Signal

FX:GBPUSD   British Pound / U.S. Dollar
Refer to Chart for Details.
You do very nice charts, indeed. I am a great believer in Bill Williams' work. Last week, on May 3rd, the DXY broke a long-standing down-trend. I can see this in your chart with a gravestone doji on May 2nd, spinning-top candle on May 3rd, and a long red candle down on May 4th. I also see the confirmation on May 13th (on your chart), with a large red candle down, and AO phase energy almost crossing zero. I appreciate your contributions. I hope all of your trades go well. Don.
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Thank you very much for dropping by. All the best to your trades too!
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do you wait for a candle to close ABOVE or UNDER the fractals ? or directly enter
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fractal_trader king.cholette
when the fractal is hit i directly enter on that breakout. stop and risk management is in place of course.
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fractal_trader fractal_trader
it's a valid idea though to wait for a close below the breakout if you prefer!
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king.cholette fractal_trader
good :)
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