tntsunrise
Short

GBP is good to short the pull back

FX:GBPUSD   British Pound / U.S. Dollar
GBP is good to short the pull back
Reason:
1. 0.618 LEVEL
2. 1.618 EXT
3. Previous Structure
4. RSI over bought
Comment: 1.4650 is the previous neck line.
so i added another short position
Comment:
Comment:
Comment: all the way come down.
dun be scarred!
Comment:
are you still in?
Comment: WATER FALL!
1.4512 NOW
+140 PIPS
Comment:
I will use this BAT as a TP point
Comment:
Comment:
are you still with me? short gbp?
Comment:
Retested trend line.
short again
Comment:
Comment:
two pin bar in 1h
Comment:
SL 1.4675 , if price broke that level.
exit .
Trade closed: stop reached: SL 1.4675 HIT exit
Comment: Hey Traders: there will be free webinar tomorrow
this week's webinar time:
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http://www.yy.com/15565863
see u tomorrow. it is Singapore Time 10PM. NYK: 10AM, LONDON 3PM
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Weechat ID: 32114564
Hello JACK, would like to see up date on EUR,GBP/USD , USD/JPY & Gold. Thanks and always appreciate your analysis
Reply
Hello, Jack. Will you make a new analysis on this pair?
Reply
Looks like it experiencing a rejection above the .786.. a sell stop at 1.467 would be too risky?
Reply
Gbprider IAmAgainst
did u see any reversal candle to short ?trend is bullish now
Reply
IAmAgainst Gbprider
It looked like one when I wrote the comment..
Reply
Hahaha my stop loss has been hit, ok maybe next trade will be profitable.
+2 Reply
great thx!
Reply
Could it be that it's forming a cup with handle..?
Reply
tntsunrise IAmAgainst
well. i dont really see a cup with handle, coz that pattern normally comes after a hudge down trend
Reply
IAmAgainst tntsunrise
Yes, and it's more of a day chart figure rather than hourly but didn't know if it applies when not following a down move.. thanks. I'm not trading this anyway, not untill I see something that shows a clear direction..
Reply
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