BLUE43

GBPUSD Trade Psychlogy

FX:GBPUSD   British Pound/U.S. Dollar
490 2 35
This pair have no choice
Or it bounce or its free fall, look the left last consolidation before up
Here traders are playing the fear of this potential fall
Let see what happen
Interesting ...

Trade your plan - if you have no plan, dont trade

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Update status
Comment: ok here we are we cross 0.5 and not already on 0.618 we cross the diagonal line also but we still not make a LL from C point, waiting for the next move -maybe consolidating
Comment: here we are on no where's land :_)
Comment: Bing
Pinbar back to the the 0.618 let see if hold - :_)
Comment: (Warning. I am a private trader. I don't sell any signals, equipment or other sources of learning about forex . I am here to share ideas based on technical analysis to improve me on Forex practice. Trading forex is dangerous and can result in significant financial losses. So I am not responsible when the results of the positions to be taken on the basis of my charts since these constitute no basic signals but simply my own market analysis. As i always says, trade your plan and if you don't have any, avoid trading.)
Think it's going up now? double bottom at black 61.8? (1.405)?
Reply
double bottom now in process..

GBPUSD 15 PIPS SL.
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