Chart time frame - H4 Timeframe - 1-2 days Actions on - A – Activating Event Market will meet resistance in zone @1.325 - .... and fall to the @1.28 In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.28
@Amid_Mammad, You are on track!! I entered with a short position @1.331 with a tight stop :) How did you go? Happy trading
Le_Halimou
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Nice ! I'm with you on this one. Good luck and good job sir ;)
SMPTrader
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@BobFlynn, Great One!! Haven't entered yet but maybe entering within the next couple of hours :)
Le_Halimou
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@BenWright21, Yeah, I'm expecting a bull exhaustion soon. Oscillators are showing some divergences. Maybe one more higher high and then doom. 1.33 seems really strong !
Enjoy ;)
SMPTrader
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@BobFlynn, If the GBP pushes above the 1.331 level, the market is too strong and I won't be taking a short position. Happy Trading :) Lets see what happens
SMPTrader
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@BobFlynn, I am really liking how fast the GBP is going up. The faster it climbs the faster it falls :)