today i have decided to go long on gbpusd for a libra pattern trade. prices on the pound have gotten so low it hasnt beeen here since 2009. market rallied as i was making this publishing but im still going to finish it cause im looking more for a long term trade. possibly a position. i noticed how the pound pairs are all at critical levels where i was looking to long pound on all of them but market has been very still so i decided to check pound usd and i noticed this entry and the rejection of lower prices that the pound has put off. i am long gbpjpy for a correction. i am long gbp against the euro and i was looking to long gbpaud but i guess that rally made me miss it. tp for a trade like this can be very very high. sl below lowest low. just goes to show how all the pairs once analized carefully they give out hints for each other and where they want to go.
Comment: we might be running into some resistance into next week to tp on your longs and open up shorts
Trade active: chance to reenter. not a position though. counter trend trade. market is still bear
Comment: deffinetly went nicely.