Not trading up, I'll wait to catch it going down...

FX:GBPUSD   British Pound / U.S. Dollar
939 13 45
We will have to wait for a while until we reverse, but the short is going to be a very sweet trade. So let's just be patient for now...
Comment: Strong resistance zone. Threw price right back down.
Expect renegotiation though
Comment: Things are going exactly as we expected three months back. We went into the sell zone and then dropped to break the lows.
Once the down move is over, we should get a retracement before we see another drop.

Good luck
waiting for your next move
Thanks alot
A little risky but...
Try to buy very deep
+1 Reply
narcalen Ichimoku_Trader
I think so, thanks
Thanks again, but what's the meaning of ST BULLISH and Why is bullish if KS is sloping down? Thanks in advance.
There is too much to learn to me.
ST = short term
As for this TF, it is bearish
+2 Reply
narcalen Ichimoku_Trader
thanks, It's st bullish because de TS, isn't?
ST needs 2-3 candles to confirm

+1 Reply
narcalen Ichimoku_Trader
your kownledge is gold for us, thks.
+1 Reply
thank you
I appreciate your kind words
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