GJ ready to go with the rest of the GBP pairs?
So what I am looking at is the completion of the internal zig zag (blue) already over and price to make its way up from here. You can see we are already in the move, and will take any opportunity we can still to go long. Early days at the minute so will look back closer to London.
Expecting to see a completion of either the flat pattern (red arrows) which would be the most favourable. It could end up as a running flat, the last red arrow would fail to reach that level if that were the case. One to watch this week!
Expecting to see a completion of either the flat pattern (red arrows) which would be the most favourable. It could end up as a running flat, the last red arrow would fail to reach that level if that were the case. One to watch this week!
Trade closed manually
One position has been closed manually, the shorter one for 57 pips. Moving strong, but with the Carney speech tonight a few GBP pairs are looking like they could move a tiny but more down, namely GBPUSD. The 57 pips is around a 4% gain for the day, and the other position is risk free so got to be happy with that.Trade active
We are still moving well and a new position has been opened, near the 144.250 mark before the spike down. Was not troubled, GBP strength across the board it seems this week. Will be holding all ideas to targets still :)Trade closed manually
The position opened yesterday at the 144.250 mark has reached its take profit. +9% gain.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.