InsiderB
Long

Long GBPUSD : Retesting Support for 4th Time !

FX:GBPUSD   British Pound/U.S. Dollar
2 months ago
GBPUSD             retest the support zone around 1.2980's for the 4th time and we have potential double bottom forming in the zone. So once Double bottom & bullish reversal is confirmed, initiate long positions in GBPUSD             with stops below wicks of support zone.

Feel free to leave your comments/opinions...
2 months ago
Comment:
snapshot

*** With Great Power, there comes Great Responsibility ***
MornePaulse
2 months ago
Il ride this one, Going long!!
+1 Reply
InsiderB MornePaulse
2 months ago
Go in after Bullish confirmation, that will be better idea. All the Best !
Reply
asncpns
2 months ago
Nice analysis and very detail...like it very much
+1 Reply
InsiderB asncpns
2 months ago
@asncpns, Thanks for the Nice words..it motivates Me !
Reply
KoalaBear
2 months ago
I hope you are right! They keep testing it over and over again. I currently need it to get to 1.3081 to clear my position without losses.. Started this adventure with GBP/USD Buy on 13 September.. Didn't look into the current channel.. :) No, still not enough experience! :P
+1 Reply
InsiderB KoalaBear
2 months ago
Thanks Man, have you checked My GBPUSD analysis on 4h charts ? I have targets around the same zone you mentioned. Feel free to check under my profile the title is - " LONG
Long GBPUSD : 12345 ElliotWave completion & Corrective wave (c) "
Reply
KoalaBear InsiderB
2 months ago
I see, leg C is at 1.3095, that would be great. I again almost cut myself with a knife in the fingers again :)
Reply
InsiderB KoalaBear
2 months ago
@KoalaBear, The targets you fixed in 80's is better than 90's I believe bcos of wick zones. All the Best to "Us", then :)
Reply
KoalaBear InsiderB
2 months ago
Haha. Until now it is not working out. I don't know what I will do, for now I'll wait that 1.2940 will hold.. They are on the bottom of the channel, again..
Reply
InsiderB KoalaBear
2 months ago
Yeah man, looks like I will exit at breakeven after these many days of wait.. ! Part of the Game, thats all we can say n find solace...
Reply
asncpns
2 months ago
My analysis shows that the price will be back after touching 1.29187... but who knows..!!!
Reply
InsiderB asncpns
2 months ago
thats too bad for My positions, if the bullish cypher didn't work out, I will be exiting @ breakeven which I entered based on 4h charts 3 days before !
Reply
riskmaster
2 months ago
This is fucking amazing!
Reply
InsiderB riskmaster
2 months ago
Lol.. You are super excited it seems, Thanks man !
Reply
zenikibeniki
2 months ago
wrong :(
Reply
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