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Sers3
Apr 3, 2017 6:50 AM

GBPUSD FLAG 

British Pound/U.S. DollarFXCM

Description

Interesting flag on gbpusd. I will update this as soon as the price gets out of the flag

Comment

missed the action so far. let's see if it breaks and tests the 1.25 zone

Comment

The price is at a very interesting zone. We have a hidden divergence on macd so a bullish move might come again. If not, we want to see the trendline broken, a correction and then it will be a good time to short.

Trade active

I went long based on the m30 bullish candle. Sl 1.2450, TP:1.2560

Trade closed: stop reached

It broke the bullish trend. Atm we might see a correction up to 1.246 and then it should fall

Comment

Worked pretty well after all
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