GBPUSD FEW REVERSAL ZONES LINING UP

British Pound/U.S. DollarFXCM

Description

⋅ Feb 17, 2016 10:06 PM

Hello everyone, the price has broken the TL which makes me think the yellow pattern is invalid now and other two patterns might be in play.

Good Luck

For info: kevinSdhaliwal@hotmail.com
Twitter: kevindhaliwal1
IG: AllTradingIdeas

Comments

thewealthlifters

⋅ Feb 18, 2016 5:40 AM

Nice set up

KevinSinghDhaliwal

⋅ Feb 18, 2016 6:56 AM

thanks let's see how it plays out.

MohammadHabash

⋅ Feb 18, 2016 6:27 PM

Where put (st) sir

KevinSinghDhaliwal

⋅ Feb 19, 2016 5:38 AM

Hi Mohammad, the price is still around the TL which makes me think the smaller pattern might be in play. Once the price confirms the breakout there would be an opportunity to buy around the D legs and stop loss could be around 1.408

mhabash15015

⋅ Feb 19, 2016 8:51 PM

thank you sir
I think that the price will go to 1.44500 before it goes to 1.41550 Is this true or not?