Currently No Bias (Waiting For Price Action To Show Me Where The $$ At.
More Info In Charts.
After Re-Constructing My GBP.USD Charts I Have Acknowledge A Few Interesting Area's
Concerning That Long Positions I Previously Posted.
After Being Around Roughly
80pips in profit I Started to identify price dropping back to my buying price.
-- I've Acknowledge Price May Have Failed
To Break Out Of Resistance Area Around The Price Level 1.23295.
--However Being A Structural Trader I've acknowledge Price Still Bouncing off support structure
Anyways Right Now I've have no bias towards the direction of this pair, it can break support trend-line
and contiune to rally down in a downward trend or breakout of minor resistance trend-line and possibly
re-test major resistance trend-line which has been holding down price since mid august.
More Info In Charts.
After Re-Constructing My GBP.USD Charts I Have Acknowledge A Few Interesting Area's
Concerning That Long Positions I Previously Posted.
After Being Around Roughly
80pips in profit I Started to identify price dropping back to my buying price.
-- I've Acknowledge Price May Have Failed
To Break Out Of Resistance Area Around The Price Level 1.23295.
--However Being A Structural Trader I've acknowledge Price Still Bouncing off support structure
Anyways Right Now I've have no bias towards the direction of this pair, it can break support trend-line
and contiune to rally down in a downward trend or breakout of minor resistance trend-line and possibly
re-test major resistance trend-line which has been holding down price since mid august.
Order cancelled:
Price Failed To Break out RE zone, nowhere near entry. set up invalid for now