GoldCartel - Potential sell zone Short

GBP/USDOANDA

Description

⋅ Jul 31, 2020 1:00 AM

I reckon, if it rejects the upper daily trendline and resistance, it will fall back down to the major support—pretty good risk-reward ratio.

Catalyst:
- BOE Monetary Policy Report
- MPC Official Bank Rate Votes
- Monetary Policy Summary
- Official Bank Rate
- Asset Purchase Facility
- NFP

Comments

jojofang0901

⋅ Aug 2, 2020 7:02 AM

Nice analysis. I am seeing the same potential sell outlook as well. Thx for sharing. :)

GoldCartel

⋅ Aug 9, 2020 8:18 AM

@jojofang0901, My pleasure

herkiertb

⋅ Jul 31, 2020 5:54 AM

Thanks for the Great Chart. Do you think we will Test 1.32 today?
I have short on this pair that needs to recover...hahaha

GoldCartel

⋅ Aug 9, 2020 8:20 AM

@herkiertb, Rinse, and repeat, the same trade twice already. Have you fixed it?

herkiertb

⋅ Aug 10, 2020 6:43 AM

@GoldCartel, Jip thanks. Closed trades in profit. No waiting for it to break belowe the 4h 200 EMA then will add more shorts.

herkiertb

⋅ Aug 10, 2020 6:44 AM

Sorry mean, 50 EMA

GoldCartel

⋅ Aug 10, 2020 11:38 PM

@herkiertb, awesome, good luck!