GBPUSD Slight Bollinger Band Spike & Wonderful Market Structure
Hi traders,
We had an impulse before, first orange arrow and anticipate the next impulse up. The whole move stopped at the 50% (could also reach the 61,80% and then we will go for another buy), completing a regular flat for another move up. Sadly no RSI Divergence. As always we put our trade at break-even as soon as possible or exit with a very small loss.
(This is not a trade recommendation!)
We had an impulse before, first orange arrow and anticipate the next impulse up. The whole move stopped at the 50% (could also reach the 61,80% and then we will go for another buy), completing a regular flat for another move up. Sadly no RSI Divergence. As always we put our trade at break-even as soon as possible or exit with a very small loss.
(This is not a trade recommendation!)
Note
Exit with a small loss.
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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.
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.