GBPUSD - The Downside Prevails

٢٤ أغسطس ٢٠١٦

Note(s):

A nice opportunity to Short it now.

* Based on the theory/methodology of advanced-patterns-analysis.

Best regards.

٢٤ أغسطس ٢٠١٦

ملاحظة

Edit:

Bearish Gartley [0.786/0.618/0.5/1.414]

Regards.

٢٤ أغسطس ٢٠١٦

ملاحظة

Missed out some details, but nvm, it's not crucial...

P.s., I'm actually in this trade with 1-Lot Short-position currently...

Regards.

٢٤ أغسطس ٢٠١٦

تم إغلاق الصفقة يدويًا

Trade closed manually (with some loss).

I believe price has the "sticky syndrome" in this behavior of market (currently), & price can just continue in just one single direction (for a very steady period of time) without coming back down.

*It is now back to my scalping & trend-trading strategy (for the time-being)...

No doubt advance-patterns-strategy still has it's very strong points though (& I will continue to post when I do see a very nice formation one).

Regards.