weiloon940718
Short

GBPUSD meets resistance at near 1.47000 and retrace back

FX:GBPUSD   British Pound/U.S. Dollar
50 0 4
9 months ago
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

9 months ago
Comment:
snapshot
9 months ago
Comment:
snapshot
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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