microtrends
Long

GBPUSD long open range breakout signal and double weekly bottom

FX:GBPUSD   British Pound/U.S. Dollar
GBPUSD             long open range breakout signal and double weekly bottom.
Ideal target f100% 1.6050 area -the daily range above the open f0%
ultimate target f200% 1.6150 area - twice the daily range to get there.
Extended target for Swing weekly trade 1.62505 - based on monthly high red horizontal
If we reverse short here and break below the current week and monthly low - 1.58522 area -f100%

The range grid at the bottom is showing the market is stil yet to make 50% of the session expected range. some 50pips. out of a normal range of 102. shown by the black horizontal line

These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: http://www.indicatorfactory.com/tradingview-indicators/





Pelfau PRO
2 years ago
Is this from Micro Trend software? If so, How to I setup the "Green & Red" signal "arrows"? Just order it and can't seem to find it.
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