Updated

GBPUSD: SHORT NOW OR WAIT. BUT USE THE CORRECT STOP

1. Pound might rally, based on current RE_up but tis still being controlled by prior RE_down day.
2. Price expiry marked. Time expiry, 6days
3.At price expiry, one could go short.

INVALIDATION POINT
Open of RE_down +spread+1 ;)
TARGET
Target the low of RE_down= 6-day MODE.

"it's an interesting buy
ecb tomorrow
might be catalyst"- IvanLabrie

Note

Measured Move Target, Takes us to previous DOWNTREND MODE FAILURE

Note

..................Poor Management....????
I covered my short for 2.8% profit last night.
I have reloaded short , however. Seeking to move stop to BE quick , due to GBP News in some couple of minutes.

Note

On Daily, a 3-day MODE @ 1.51140 looks offering a floor to price, but once we crack into this floor......count it all JOY ;)

Note

Giving nothing back. Stop to BE ;)

Note

Downtrend price target expired on 30mins, so Im just gonna tighten up stops behind key levels;)
moorekapital-gmail.tinytake.com/sf/MzkyNDY4XzIxOTA4NjQ

Note

tis been a nice short.
Looks current upleg might have trouble pushing up.
Until the weigh of evidence proves otherwise, Im only anticipating here:
"I'll wait to short the next 4H bar, IFF it's unable to stretch up to here: 1.517761 "

Note

moorekapital

Also on:

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.

moorekapital

Also on: