Technician
Long

GBPUSD: Dragon-fly doji at Support, Time for a long

FX:GBPUSD   British Pound/U.S. Dollar
593 11 2

UPDATE: Stopped out
Profit/loss(pips)=-40

In my previous daily analysis for the pair @
GBPUSD Still Robust
, i concluded that i will be looking for long setups. The price prints a four-hour dragon-fly doji candle at the ascending support, therefore, Ill buy the pair on a dip towards 1.6400, targets at 1.6465 and 1.6515
Gravestone doji? isn't that a hammer?
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Technician TOP Bikini Analytics
Its a dragonfly, i mistakenly wrote gravestone on the chart
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That was quick.... failed setup
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Technician TOP Technician
-40 pips , multiplied by two units=-80pips
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Vlco81 Technician
do you think the support at 1.6320 will hold?
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I think the GBPUSD is due for a hefty downside move soon.. Ill be publishing a medium term analysis today .
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Vlco81 Technician
i would prefer short term if possible.. thx
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Vlco81 Technician
i still have hope in the position
snapshot
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I think u noticed from my posts that i am a hit and run type of trader, but f i want my feeling about it i think we might see a bounce slightly higher from this support. But overall, i have a bearish bias now   . I am not influencing , I might be wrong. U know nothing certain.
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Vlco81 Technician
i just realized, that the price went up to61.8% fib each time then it fall -2.1, 13.1, so if it repeates today, i would be a little bit in + by this trades, target 1.6390
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oohhh very good ... :)
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