GBP is good to short the pull back Reason: 1. 0.618 LEVEL 2. 1.618 EXT 3. Previous Structure 4. RSI over bought
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1.4650 is the previous neck line. so i added another short position
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all the way come down. dun be scarred!
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are you still in?
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WATER FALL! 1.4512 NOW +140 PIPS
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I will use this BAT as a TP point
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are you still with me? short gbp?
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Retested trend line. short again
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two pin bar in 1h
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SL 1.4675 , if price broke that level. exit .
أغلقت الصفقة: تم الوصول لوقف الخسارة
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SL 1.4675 HIT exit
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Same view Sir. Nice chart and really appreciate your work. Thanks :)
namavar
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if price go up, meaning forming 5th wave
LeeFuGuo
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so far level 1.465-1.466 rejected the price perfectly to stop GU continue to move higher ... if daily candle form in this way, chances GU will go down will be higher compared to breaking new high ~ (I trade based on probability, so you can be right also) Good luck :)
tntsunrise
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are you still in?
mchilado
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Yes Jack from 1.4588 thanks
Khagrax
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yes, shorted at 1.4654
Domsn
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bit risky hm? :-) but looks like it was worth
tntsunrise
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there is alwasy risk involved in any trade.
the key is:
do u have the edge to trade and is the risk/reward ratio good to trade
Miz
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Theres always risk to achieving anything worthwhile in life. If there was no risk then everybody would be successful.
Same view Sir. Nice chart and really appreciate your work. Thanks :)