dojitrader
Short

Simple Sell Resistance Potential

FX:GBPUSD   Pound Sterling/U.S. Dollar
49 1 0
Cable loves to mess with your mind !
But, if you think this is the start of a larger correction from the 1.6464 top
then this is a good place to join the trade.
Not willing to risk much thinking this will work immediately or not at all.
On the other hand, if it does work, the profit potential is pretty good.
As always, the candlesticks might guide my convictions !
"Wonky" was the word I just saw someone use for the markets just now.
Was looking for another wave down but, it did not make my target 1st, albeit,
a logical place to turn down. This setup is probably closed, unless,
it heads back to the target in only 3 waves. Only one eye on this trade for now.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out