jeffreyysl

GBPUSD-TENDENCY For an UP MOVE

Long
jeffreyysl Updated   
FX:GBPUSD   British Pound / U.S. Dollar
TENDENCY FOR an UP MOVE. HOWEVER It Might
TREND DOWN Short TERM 1st To Touch Support Line 1.3680 Thereabout !

POSSIBLE SCENARIOs :
A: Break Lower WEDGE Line and TREND to Support at 1.36882
1- WEEKLY S/R (See WEEKLY Chart-WEDGE Formed) -
2- TREND Line since 03/2017
3-WEDGE Form.
a) OBSERVE H4/H1 for Fine ENTRY !
b) POSSIBLE Down Trend from here
to S/R 1.36882 300P - TP for SHORTING
b4 Rebounding for an UPTREND!

OR

B: REBOUND at Support 1.36882 / OTHERWISE IF TREND UP within
WEDGE Breaks Upper WEDGE Line

Trade active:
MKT Moves for a SHORT TRADE.

To Enter 5 Pips below Candle Low @ 1.3960

WIll Monitor for LONG Move when Price comes down
to weekly S/R1.36882 ZONE
Trade active:
Our SHORT Not Activated. Observe for a LONG TRADE

LONG TRADE When PRICE BREAKS 1.4258 See Below ..
Trade active:
CABLE has BROKEN UPPER WEDGE Line.
We are Still LONGING on this Pair, POSSIBLE-STAY NIMBLE & WATCH Price Movement!
> Will ENTER LONG when Break @ 1.24543 !!

CHEERS - SAFE TRADING !!
Trade active:
TRADE Is ACTIVATED!!

Wait Fot TP Close to WEEKLY FIBS 78.6% (1.4352)
Look b4 at 1.4347 as TGT !!

Than OBSERVE what TRADE will do. T LONG again (Re Entry) IF...
See CHART : Necessary to Take to 1.4499 @ WEEKLY S/R !!
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