KathysTheStockGal

GBPUSD Retest of Strong Resistance

Short
KathysTheStockGal Updated   
FX:GBPUSD   British Pound / U.S. Dollar
15
Now That the gap is filled and weekly resistance has become support
Friday ended with a bullish pin bar aiming @ bulls are not done yet.
next stop for bulls is MA 100 which is between two strong weekly resistance
price been rejected time after time in this zone Once broke trough but it was forced back down.

My trade:
Pending sell order below or middle of the resistance zone.

Stop Loss above the zone
Final TP LOWEST LOW which is the monthly support.

NOW I have already made my money this month with Over 2000 Pips in the bank, I am trading this Small Position just to keep my love of trading in control.

I will look through other pairs if I see anything Interesting I posted for you but I will not be trading anything else.
Comment:
Using the M15 chart placed a buy stop order above the hi of current zone Which was triggered . TP only 30 pips SL 15 pips
my pending sell order still in place
Comment:
30 Pips Gained.
Sell entry triggered.
Comment:
Great place to enter a short on GBPUSD
Comment:
I Widen my Sl a bit While I added another position
which means I will have 6 TPs.
Tps will be major S on way to 1.19
Comment:
IS THAT ME OR NOW WE HAVE SHS
Comment:
bears have some gain back but its not over until fat lady sings so I check again later on today to make sure bears are in order
IF Bears Loss Control Again I will close these two position
Comment:
fALSE BREAK OUT OR BREAK OUT We will know soon
Comment:
IN profit in one position and breakeven with the first one.

I will be trading next week from the road taking a trip to Seattle Washington.
Comment:
OUT OF BOTH POSITIONS
Comment:
now it mieght go lower but I personally don't want to trade US $ until everything with technical is normal.
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