On this chart i want to show that situation from my point of view.
I like GBPUSD pair a lot. For now it's one of the pairs that can give you a good trade opportunity.
In the circle you can see the big shades. It may be the result of huge position preparation.
So for now it looks like it's going down.
So, if it goes in our direction, but then suddenly stops you should quit the position.
I like GBPUSD pair a lot. For now it's one of the pairs that can give you a good trade opportunity.
In the circle you can see the big shades. It may be the result of huge position preparation.
So for now it looks like it's going down.
So, if it goes in our direction, but then suddenly stops you should quit the position.
Trade closed: stop reached