TradingView
goal_seeker_boy
Nov 12, 2022 3:55 PM

GBPUSD , Will it give us a pull back?!  Long

British Pound/U.S. DollarFXCM

Description

WE can see 5 upward signals
1. 4h upward Channel
2. symmetrical Triangle upward breakout
3. 4h Resistance Zone
4. Monthly Pivot R1 (Traditional) breakout
5.Moving average EMA (20, 50, 100) , SMA (200 ) upward 4h
If I see a weak pull back in 1h I will go for a long position with 1:2 ratio

Trade closed manually

I hope you didn't execute the order, because we didn't see a weak pull back . If you did it ,as we have an inverted hammer in 4h the price might gives you another chance to close the position in break even point now.

Comment

If today's daily candle with previous candle make a Harami pattern , we might have a bearish momentum for next day too.
Comments
JoeChampion
Nice view!
goal_seeker_boy
@JoeChampion, thank you
GCGoldenCircle
Yeah expect the new year will be bullish. Since it doesn't want to go below 1.10/1.1121
goal_seeker_boy
@GCGoldenCircle, Yeah Good idea I agree, this might be just a correction for price and in higher time frames I see it bullish too
More