GBPUSD: should follow a daily chart to see catch 400 pips.
Traders,
At this level, GU need to trade with data or event.
This is a typical level for GU, as for short trade, it looks like a strong resistance.
On the other hand, for long trade, it looks like breaking up make this resistance become a new support.
So far, we are more prefer a breakthrough up to 5 for a
5-wave channel to come.
And this time should follow a daily chart to see tgt, which is 400 pips ahead now.
Less is more!
At this level, GU need to trade with data or event.
This is a typical level for GU, as for short trade, it looks like a strong resistance.
On the other hand, for long trade, it looks like breaking up make this resistance become a new support.
So far, we are more prefer a breakthrough up to 5 for a
5-wave channel to come.
And this time should follow a daily chart to see tgt, which is 400 pips ahead now.
Less is more!
Comment:
Comment:
Two months ago, the huge reversal seems quite forward-looking .
Now its coming true.
Now its coming true.
Trade active:
Long entry:1.2919
sl:1.2840
tp:1.33
sl:1.2840
tp:1.33
Comment:
we are now having 40 pips on this long trade.
Comment:
60 pips for this long trade, and GU seems like to break 1.30 for the first try.
Then selling pressure will appear by price's pulling back .
Then selling pressure will appear by price's pulling back .
Comment:
Comment:
This is hard as selling power is strong at 1.3000.
But if GU breakup without stop ,
will cause disaster for short traders and make
great pips for long traders.
But if GU breakup without stop ,
will cause disaster for short traders and make
great pips for long traders.
Comment:
gu need a trigger.
Comment:
which is coming later 2 days left this week.
Comment:
Comment:
we are making 120 pips on the long trade.
Trade active
Comment:
on the daily chart, GU is now moving between 1.30-1.35.
Comment:
Comment: