charts247
Short

THE PICTURE SAYS EVERYTHING - SHORT CABLE AGAIN!

FX:GBPUSD   British Pound/U.S. Dollar
-FIRSTLY CABLE IS IN A DOWNTREND(THE RED ARROW CLEARLY SHOWS THIS) AND PREFFERABLY WE WOULD LIKE TO BE A SELLER.
- WE BOUGHT THIS PAIR LAST WEEK AND IT GAVE US A NCE MOVE TO THE UPSIDE
-THE PAIR HAVE MADE A LOW OF 1.4950 ON 23RD OF JANUARY BEFORE THE PULLBACK TO 1.5340 AREA.
-THIS PULLBACK IS A MERE DISCOUNTING IN PRICE AND WE SHOULD SEE IT AS A SELLING OPPORTUNITY.
-THE CLOSE ON FRIDAY BELOW THE BUY POINT/STRUCTURAL LONG IS A SELL SIGNAL.
-WE WILL SELL THE PAIR AFTER A RETRACEMENT TO THE 15268 AREA. IN ANTICIPATION THAT PRICE WILL -TRADE LOWER AND THE LOW OF THE 14950 WILL BE BROKEN AND A NEW LOW WILL BE EXTABLISHED.
-OUR SELL POINT IS 1.5268
-STOP IS 1.5350.
-1ST TARGET IS 14950 EXTENDED TO 14806.
-HAVE A WONDERFUL TRADING WEEK.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out