weiloon940718
Short

GBPUSD meets resistance at near 1.47000 and retrace back

FX:GBPUSD   British Pound / U.S. Dollar
50 0 4
Price has tested key resistance level 1.47000 three times and fails to break it. So it may be a short-term short opportunity there with target price 1.44096(FIBO 38.2), and 1.43323(low of 13 May 2016 and lower support line of channel).
Bullish USD after Janet Yellen's speak may also help in this short strategy.

Note: Brexit memorandum is around the corner, strict stop loss policy is needed.

TRADE IDEA:
SELL at high near 1.46600 if strong bearish candle is seen in H! or H4 chart
SL : above the bearish reversal
TP 1 : 1.44096
TP 2 : 1.43323

Comment:
Comment:
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out