weekly forecast for GBPUSD

29 de out. de 2017

GBPUSD is forming a Bat pattern which expected to be complete at D point as shown in the chart.
The reason i see a potential in this trade that a price action (engulfing candle) appeared at C point

This is just an Idea. please do your analysis before taking any trade and don't depend on other analysis. Happy trading

30 de out. de 2017

Trade ativo

nice move from our entry point. 50+ pip

31 de out. de 2017

Trade fechado: objetivo atingido

TP 1 reached 160 pip :) .. close half of your positions followers

3 de nov. de 2017

Trade fechado manualmente

after reaching TP1 the market found sellers after yesterday BOE conference and the price broke the channel below our buy entry and confirmed the change in trend therefore i decided to close this trade to save our profit which we made in TP1.

Total profit in PIPs for this trade is TP1 (160) - SL (40) = 120 pips during this week.. not bad ;)

good luck followers