FX:GBPUSD   British Pound/U.S. Dollar
599 20 25
SELL BOUNCE AND BREAK FROM TRENDLINE .
SEE CHART.

D1
snapshot

THUMBS UP IF YOU LIKE THIS IDEA, OR WISH TO RECEIVE UPDATES.
Not my cup of tea, I see this price action as coiling before a big move up.
Reply
Yes Ivan definitely. Big picture still long. But who doesnt love a good 130 pips gain :)
Looking at long AU soon.
Reply
IvanLabrie PRO PriceActionTrading
Look at that last candle rejection with a long wick.
CL1! has moved up before gbpusd here, and down before it as well.
I doubled up down there.
Tight stop.
+1 Reply
Nice. Yea the wick. But i closed out already at my intended profit level. Not so greedy. Your long could work out next week. Good luck Ivan.
Reply
IvanLabrie PRO PriceActionTrading
Yes, next week. And good eye with the short. I just don't counter trend trade.

snapshot
Reply
IvanLabrie PRO IvanLabrie
Also rebought eurcad...
+1 Reply
EURCAD seems a good buy too. Currently at 161.8% of the recent down leg. But im looking for more confirmation. So wont be in for now.
snapshot
Reply
Yahia.Awes IvanLabrie
Long eurcad? Not for me Ivan... This is a bearflag in a downtrend channel with a bearish divergence also.
snapshot
+1 Reply
Still need to retest the 1.38 completed H&S with successful rejection. before we can say long. So yea, need more confirmation for now. Nice one lighthouse.
Reply
IvanLabrie PRO PriceActionTrading
That H&S thing everyone sees makes me even more bullish. :)
+1 Reply
Yahia.Awes PriceActionTrading
Sorry wrong image posted..
snapshot
+1 Reply
IvanLabrie PRO Yahia.Awes
To each their own.
+1 Reply
IvanLabrie PRO IvanLabrie
Euro basket: Buy the laggards!
+1 Reply
Yahia.Awes IvanLabrie
What does that chart say Ivan?
+1 Reply
IvanLabrie PRO Yahia.Awes
Click play, read the comments. See my euro index chart, and the others. All Euro and Gbp pairs are starting a strong uptrend in my opinion.
+1 Reply
That chart is too technical for me. Haha. But those who understands it will do well in the long run due to knowledge of currency strengths and weakness. Nice one ivan
Reply
IvanLabrie PRO PriceActionTrading
I just want to make money.
Fighting a trend is not my idea of making money, but you can always trade corrections if you want.
Reply
Great job PAT as always! I didn't want to believe in that scenario but it happened anyway :)
+1 Reply
PriceActionTrading oleg.golubovich
Thanks oleg. Simple trendline break. Sometimes it works sometimes it doesnt.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out