Good Morning TV members,
GBPUSD is showing indication of a possible selling opportunity. The divergence on H4 along with price action consolidating in the PRZ, and the approach to the upper trend line is decelerating with these variables giving us confluence to sell this pair to the indicated level. Thanks for checking out the chart and have a great trading week!
GBPUSD is showing indication of a possible selling opportunity. The divergence on H4 along with price action consolidating in the PRZ, and the approach to the upper trend line is decelerating with these variables giving us confluence to sell this pair to the indicated level. Thanks for checking out the chart and have a great trading week!
Trade active:
Trade is going well, price has responded well to the PRZ and is heading to the fibo 78.6 level. Good luck everyone!
Comment:
Good Morning from Houston! Just wanted to quickly update the status of this pair. With the economical news giving us a nice push down and out of the PRZ I will be placing a trail stop on this trade to ensure it stays a winner. As always please thanks for checking out my ideas and please like and comment.
Trade closed: target reached:
Sorry for the late update, trail stop was triggered and profit was taken on this trade. Great example of ensuring winners stay winners!