More woe for GBP.....the bottom 1.245 needs to be retested.....
Trade active:
I just shorted this pair at the .618 fib.....
GOing good today on currencies except USDCAD and oil.....but Im holding as those trades as they will reverse....Ive also hedged with positions going with trend to minimilise any losses
I just shorted this pair at the .618 fib.....
GOing good today on currencies except USDCAD and oil.....but Im holding as those trades as they will reverse....Ive also hedged with positions going with trend to minimilise any losses
Trade closed manually
Trade active:
New short at 1.3065....TP 1.2456
Comment:
Just doing another study on this and I'm seeing a right shoulder and potential butterfly formation
Just doing another study on this and I'm seeing a right shoulder and potential butterfly formation
Comment:
I have adjusted TP to 1.26
I closed that short at break even....
I then shorted again at the 1st top 1.3065...trade looking good so far as 2nd top hasn't gone any higher....