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hawpros
Jan 30, 2017 5:50 PM

GBP/USD formation 

British Pound/U.S. DollarFXCM

Description

now that a new good zone of support is created, we can wait for a retest of that support zone to go with a perfect entry and see how he go on the resistance. If he fail to break the resistance, we still make a couple of $$, but if it break it ...
Tell me what you guys think of that one.
Comments
BusinessInMotion
In this given circumstances of "Brexit" and uncertainty of hard landing or very hard landing of the British economy (+/- Scotland) I am not Cable bullish. All tech analysis and wave theories, Gann & whatever are working only after. Cable cease to be a currency! Trading Cable is like trading rumors! There is not any science, is just luck or bad luck!
hawpros
@BusinessInMotion, Thanks for the advice :), It make sense !
If you have more comment in any of my Ideas go for it, I really want your feedback guys...
Thanks to BusinessInMotion for this instructive comment.
BusinessInMotion
@hawpros, You are very welcome bro!
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