FX:GBPUSD   British Pound / U.S. Dollar
68 0 6
GBPUSD is shaping out triangle -in which d-leg has started but could be confirmed if 1.4365 level is taken out fast & going below 1.42979 shall make the bearish case even more stronger. If that is not the case & one think that GBPUSD             is bullish-it has to take out 1.4469 but that is not going to change the overall structure which is bearish triangle & shall be advised to trade shorts only once 1.4365 is taken out. Usually triangles trap participants & take you for ride.Trade with care. Regards
Comment: We are yet not confirmed of downtrend or d-leg as 1.4365 is still not taken out but yes we have touched a-leg high so benefit of doubt should be given to triangle...unless we close above a-leg...This whole structure will be somethingelse & we shall look for another trading strategy. Regards
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out