Praying this drops.. Short

OANDA:GBPUSD60

GBP/USDOANDA

Description

⋅ Dec 30, 2020 8:41 PM

Thoughts?

Trend Analysis

Comments

fxpays

⋅ Dec 30, 2020 8:46 PM

I was short however the way gu is currently moving if this resistance is broken and price closes above ill probably look for longs

TRADEXJAMO

⋅ Dec 30, 2020 9:29 PM

@fxpays likewise. It’s at a high since May 2018, and there are multiple factors adding to it to short.. I’m hoping there’s some clarity on the next 4h

fxpays

⋅ Dec 30, 2020 10:24 PM

@TRADEXJAMO, 👌

TradeLoft

⋅ Dec 30, 2020 10:06 PM

@fxpays well, price is currently overbought and at a resistance, we could potentially see that pullback happen. I’m also in shorts but taking my Profit at 50 Pips

fxpays

⋅ Dec 30, 2020 10:25 PM

@TradeLoft, nice👏, I’ll enter another short position hopefully it drops like i want it to

TradeLoft

⋅ Dec 30, 2020 10:35 PM

@fxpays sure bro👌🏽

TRADEXJAMO

⋅ Dec 31, 2020 8:12 AM

This pair is way too unpredictable. I’m staying clear of it for a while after losing so much

jamessimpson09

⋅ Dec 31, 2020 8:01 AM

long it's heading up to collect liquidity above equal highs on the daily timeframe

Spec0707

⋅ Dec 31, 2020 5:50 AM

Head and Shoulders pattern has formed on chart. Waiting for a break at 1.36240 to place short.

Elan4x

⋅ Dec 31, 2020 2:28 AM

GBP going for a short in this period is not good... Probably look for longs in GBPs