Snehath
Long

Monday morning trade for GBPUSD on M15

FX:GBPUSD   British Pound/U.S. Dollar
8 months ago
M15 deep crab . The GBPUSD             is still an uptrend and I feel this is a good trade to take on Monday AM>
8 months ago
Trade active: I have switched this pair to breakeven at 1.4495.
8 months ago
Trade closed manually: Exited trade with 5 pips
marcus1983
8 months ago
I have short position ongoing. So based on this crab pattern, price will reverse upwards? Based on trading rules of deep crab, at wat price would price action prove this crab pattern invalid to take trade?
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marcus1983
8 months ago
Without using fibo, i noted this chart on friday afternoon. It really seemed like harmonic pattern and double top pattern is clear. So, shorted GBP/USD on friday afternoon
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marcus1983
8 months ago
Let's see if the bull will engulf the bear or the reversal
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marcus1983
8 months ago
Is there any harmonic pattern on higher time frame? Because on M15, the bear don't appear to have lost momentum
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Snehath marcus1983
8 months ago
No other pattern but I am long on this now.
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Amshu
8 months ago
Well spotted! GBP went through an uptrend against USD, EUR, JPY and AUD this morning. Do you think this was driven by any fundamentals?
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Snehath Amshu
8 months ago
Hi - I dont look at fundamentals and just focus on harmonics.
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