FX:GBPUSD   British Pound/U.S. Dollar
1377 20 41
..
Comment: We are now deep in the sell zone
Take the first sell signal, let's take a level 1 signal now since we got such a great deal.
Stop and reverse at the critical level but make the reverse 50% of your final lot size please
Comment: No sell position taken. Buy position is now active. We have a beautiful break with momentum
we will start adding on retracements. For now, let's just hold and see how things develop
Stops below today's low for now. We'll adjust as we go
Comment: Up 75 pips.
Expect a stop @1.4663 (previous top + WR1).
We should try to take some profits around there and re-enter on a small retracement
Comment: Don't you love this trade???
Comment: stops to 1.45841
Comment: actually .. about 5 pips just under that pls
Thanks !!
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trying to catch every single leg in the market is not an easy business at all, well done on switching, have to admit that your way of protecting your capital and actively managing your trades is impressive, I know that there is a lot of bears out there trapped at the moment
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Ichimoku_Trader NidalDarawsheh
Thank you

I highly value your opinion
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What is your tp?
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Ichimoku_Trader IshanTripathi
not sure yet
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IshanTripathi Ichimoku_Trader
Okay..thanks for the info though...
love your analysis..

down 15 pips but will wait..
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Ichimoku_Trader IshanTripathi
ok

Why are you down 15 pips???
You should be up at least 75 pips
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snapshot

Is this count as divergence?
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Ichimoku_Trader CryptoTraderOne
it is divergence but it is good divergence
It is saying that momentum has increased and price can make still new highs
So, that's good news i guess

Thanks for sharing
+1 Reply
I am waiting for Correction too..
Reply
great
+1 Reply
Waiting for Sell signal if break 1.4610
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u want to sell?
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AhsanKhan Ichimoku_Trader
yes if break 1.4610... aiming for 1.4570
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please don't sell
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AhsanKhan Ichimoku_Trader
Any idea? Because my RSI is at 73.888
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it's up to you but why would you sell in such a strong market against an impulse movement and against the trend?
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Yes stop is on right point. 1.4584
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We're not out of the woods yet.
snapshot


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Ichimoku_Trader honeybadger
thanks
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