FX:GBPUSD   British Pound/U.S. Dollar
342 4 7
6 months ago
will GU able to push to 1.465 - 1.466 (Fibo 76.4 level + resistance zone) ? lets wait and see

Sell limit 1.465
SL above trend line 1.473
TP 1 - 1.425
TP 2 - 1.413
TP 3 - 1.407 (support zone)

DISCLAIMER:
I'm only providing my own thought toward the market but not making any trade call. Trade what you see.

Hit the like button if you agree with my idea and feel free to comment in a respectful manner if you have a different view on it. Appreciate :) Good Luck
6 months ago
Trade active: Good luck :)
6 months ago
Comment:
snapshot

1.465 - 1.466 held up nicely ... although the pull back is not very strong but it proved this zone is solid ~ probability of downside move is higher ... :)
6 months ago
Comment: level 1.448 & 1.44 need to be caution ... price might pull back at these level :) Good luck
currently in the money of 50+ pips :)
6 months ago
Comment:
snapshot

breakout from triangle ~ what next ? lets see how low it can go ... :)
6 months ago
Comment: Currently 150+ pips ~ probably will see some pull back today but probability of downside move still higher ... Good luck :)
6 months ago
Comment: Price just tested 1.448 which is the level I indicated earlier ... be caution ~ trade what you see :)
6 months ago
Comment: Resistance zone + Fibo 50 ... Hold? or break? anyway the 4 hours candle doesn't look nice ... probably will move higher in short term. But I believe its still bearish in long term :)
snapshot
6 months ago
Comment: for me ... this trade is still valid as 1.466 didnt break ~ :)
6 months ago
Trade closed: stop reached
ender.genom
6 months ago
snapshot

thnks!
Reply
LeeFuGuo ender.genom
6 months ago
you are welcome :)
And thanks for the chart ... From your RSI I saw divergence for the previous high and the new high it just formed ... another confirmation on GU will move lower :)
Reply
bilk29
6 months ago
thank you
Reply
LeeFuGuo bilk29
6 months ago
you are welcome :)
Reply
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