Timing is key
Short

2 Lower Top's, Break of Sliding Parallel of Mini Median Line

FX:GBPUSD   British Pound/U.S. Dollar
344 5 4
Hello all,

We have 2 confirmed lower swing tops, a break of the last swing bottom and sliding parallel. Will see if this market breaks to the downside towards the downward purple dotted Median Line .

Sincerely,

TIK
I am looking for long: with low volume and big stop to enjoy the ride up 5000, maybe 10000 ticks
Reply
Hello all, Stopped out on that one:( Two lower swing tops with a break of the low preceding the 2nd lower top is a trade I will take every day of the week as it will usually mean a strong continuation. I remain bearish the pound unless a swing bottom is confirmed and the Daily swing top is taken out. Even though we have had a consolidation the larger daily Median Line is my target....see chart below

snapshot
Reply
pmks1 Timing is key
I like your analysis, so i will re-enter, small :)
Reply
Stopped out ...
Reply
You shouldn't try to short a bottom (see Daily)
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out