From the fundamental, the worst has gone, after Oct 7,Brexit affection all priced in. During Jan 16 Prime Minister-May's speech, GBPUSD retested the bottom of Oct 7, yet cannot break the low.
Long for GBP/USD bounce up.
1st Entry:$1.232
2nd Entry:$1.2215
TP1:1.2658
TP2:1.29
TP3:1.323
Long for GBP/USD bounce up.
1st Entry:$1.232
2nd Entry:$1.2215
TP1:1.2658
TP2:1.29
TP3:1.323
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Retraced fibo 0.382 level done,still very bullish
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Broke the channel, Wave b was completed, go for wave c
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Watch resistance 1.244, ready to break out?
Then will enter the buying zone
Then will enter the buying zone
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broke resistance 1.244 already, goes for tp1
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Plan to add some longs when 0.382 retracement done
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hit fibo retracement 0.382level,added long
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TP1:$1.2658 reached, profit taken for 1/3 positions.
another 1/3 will take profit when approach $1.27
the rest 1/3 will hold for TP2: $1.29
After breaking out 1.273, will find a chance to add longs
another 1/3 will take profit when approach $1.27
the rest 1/3 will hold for TP2: $1.29
After breaking out 1.273, will find a chance to add longs
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Daily chart, it's now in the buying zone, only buy dips.
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Watch this support level
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My network is very slow, that i updated a little slow as well
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The channel is workable, just retraced to the bottom of the channel and holded.
Now Wave e towards bottom ceiling, our 2nd tg: $1.29
Now Wave e towards bottom ceiling, our 2nd tg: $1.29
Trade fechado manualmente:
GU has broken the trendline, so i desided to close this trade
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The Fundamentals are bad to GU, so in long term view, it will be possible to reach 1.14, middle term will re test 1.215