Dare to Go Against Trend ?? Yeah, GBPUSD, if my conditions MetThere are many traders out there who are anxious about going against the Trend, bcos they are unsure whether that works.
Well, Today I got one scenario in GBPUSD where going against the trend can be profitable , only if market reverses in our marked Potential Reversal Zone.
See how markets moved in Harmonic move thrice and yes, there is an ABCD pattern which I didn't mark for clear view of chart.
Fib Confluence also happening in the zone and if Double Top forms there I will be going short in GBPUSD
Check your Rules and Trade... Happy Trading !
Hit Likes for Agree which is boost for Me :)
Reversalpoint
NZDUSD 60min Bear Trend Continuation Trade (TCT)NZDUSD had a good run up recently. But since then we have Double Topped and broken and closed below 2 support levels now.
I've sold this rally and entered on a reversal pattern via candlesticks.
Stops - 1 ATR Above the Reversal Zone (Yellow Box)
Target #1 - Retest of Lows
Target #2 - 1.27% Fib Ext




