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PontusTrader
Oct 18, 2017 11:47 PM

GBPUSD possible heavy resistance coming up 

British Pound/U.S. DollarFXCM

Description

We have some heavy resistance coming up on the GBPUSD.

Biggest one is the dotted red line - clear as day, this is a major pivot point.
Then we have the remaining 3 lines - comes up to 4 resistance items confluencing at once into the red box.

The bullish case is the quintuple hourly dojis with long bottom wicks.

I am in from 1.1316 with 2 lots.

15 min
Closer up view.
Comments
PontusTrader
Closed the trade, but not quite on the dotted red line as I should have!
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