GBPUSD SHORT 1.41350 Moving to lower accumulation level Short

FX:GBPUSD240

British Pound/U.S. DollarFXCM

Description

⋅ Jun 7, 2021 7:37 AM

GBPUSD it's looking for new buyers after making new highs.

Comments

Blue_Eyed_Owl

⋅ Jun 17, 2021 7:28 AM

I also see this, to me it looks like a cup and handle formation on the daily

Blue_Eyed_Owl

⋅ Jun 17, 2021 7:28 AM

@Blue_Eyed_Owl we at bottom or round bottom of handle

UnknownUnicorn6163297

⋅ Jun 17, 2021 8:02 AM

@Blue_Eyed_Owl, It's all about accumulation/distribution ,value area/imbalance.It's basic market activity nothing more,nothing less.

LearningForex

⋅ Jun 17, 2021 8:51 PM

@StickyMoney any opinion on usdcad

UnknownUnicorn6163297

⋅ Jun 18, 2021 6:23 PM

@LearningForex, Am not watching USDCAD right now,sorry,am trying to catch only short term opportunities.Am shorting GBPCHF on my live account right now, expect a 150+ pips drop.Even if i was 50 pips in draw after publishing my ideea, i expect a 100-150 pips win.Now am 10 pips in profit.