TradingView
jfim1
Oct 15, 2015 4:30 PM

GBP/$ Long

British Pound/U.S. DollarFXCM

Description

Price is above the moving averages and the RSI is above 40 in this chart so the trend in this time frame is up. Since I believe we are in a c wave of a larger expanded flat, I am placing long trades at signal entry points derived from shorter time frame charts. I will begin liquidating my positions near the 9/18 highs. If price breaks below a moving average on close, I will get out and re-evaluate.
More