AbhishekHSinghCMT
Short

GBPUSD-- Close to Top (Bulls be careful)

FX:GBPUSD   British Pound/U.S. Dollar
43 0 4
From previous updates.... bc             leg ( 1.4005 + 0.0679) ....you get 0.0679 from (0a leg distance- 1.4515-1.3836 =0.0679) so I am expecting a target close to 1.4684 which will make both the legs equal in size....that is the reason... we went long @1.4570's for target -1.4684...(it jumped only 1.4638 & dropped)when 1.4515 was crossed very strongly . I am still open for 1.4684 target but careful if rising channel & level of 1.4485 is broken that will suggest ---we are heading south & shall fall good. If you are long once should be careful to book profits in the zone 1.4660--1.4685.
Trading Strategy
look for jump in the level closeby 1.4685's & break channel plus 1.4485 --look out to sell.

Regards,
Abhishek H.Singh,CMT
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
+919833996865 | LinkedIn
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 Billing Sign Out