Rarely wrong on cable, as I mentioned yesterday, market in potential Head & Shoulder formation managed to hit the market with first drop so far toward 1.4325 level where market back to advance from intraday uptrend level.
GBP/USD
Overview:
Market still has room to advance to re-test resistance zone 1.4410-40 while as long as market holding below 1.4515 this H&S formation may drive market lower toward 1.3950 zone, where below 1.4325 expect farther drop along with this formation
Above 1.4515 market may enter new advance channel that may lead higher to test 1.4600-70 zone.
www.tradingsignalreviews.com
GBP/USD
Overview:
Market still has room to advance to re-test resistance zone 1.4410-40 while as long as market holding below 1.4515 this H&S formation may drive market lower toward 1.3950 zone, where below 1.4325 expect farther drop along with this formation
Above 1.4515 market may enter new advance channel that may lead higher to test 1.4600-70 zone.
www.tradingsignalreviews.com
Comment:
Getting there guys.... want to be moving those stops to breakeven ahead of NFP
Comment:
almost 100 pips in the green now
Comment:
Target 1 Reached already in the green before nfp
Comment:
Almost there keep with this guys
Comment:
Hope you are all in some serious profits now
Comment:
1.42174 for potential reversal again here
Comment:
195 pips in the green since friday
Trade closed: target reached:
Guys we're going to exit here ahead of the third target and book profits, +260 pips, enjoy those!
