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piletji
Apr 23, 2019 8:11 AM

LONG Long

British Pound/U.S. DollarFXCM

Description

I THINK THIS PAIR IS READY TO TAKE OFF
Comments
Junkievirus
seems like engine was crashed
piletji
@Junkievirus, all constructive comments all welcome my brother
Junkievirus
@piletji, Please have some in backup when you picking up trade, And be more adaptive in situation
piletji
@Junkievirus, Thanks mate noted, i use stop loss of 1% of my account in all my trades, was stopped out on the GU but at least the EU did well managed to book 6%, lets continue planning our trades and trading our plan, wish you well on your trades today
Junkievirus
@piletji, If you don't mind, I have a question for you
piletji
@Junkievirus, check your private chart
JFibonacci
And why is that?
piletji
@JFibonacci, 1. if you look at the 2 charts that i send the price was going down in a corrective manner, forming a descending channel, that is a sign that the market will change direction
2. within that descending channel you also get a smaller descending pattern which strengthen ones case of entering long
3. at the bottom of the structure you also get rejection of price which i marked with green arrows
4. and if you go to daily chart you'll see that there's one more possible move to the upside, based on structure
piletji
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