British Pound / U.S. Dollar

Long

GBPUSD: THE REVERSAL IS STILL HERE

By FUNTRADER-Vera

Updated

Traders:

GU is still moving inside the box and its moving toward to the top of the box.

GU's ascending channel was confirmed since it retested the blue resistance line at RED B.

Now its on the wave 3 heading north, 300 pips for total for a high possibility.

Less is more!

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GBPUSD: This is reversal "w" at the bottom

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snapshot

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snapshot

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snapshot

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Even though GU going like this,

wont change the fact that its under reversal.

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so my idea is retest the channel and then short trade enter again.

TP will show you later.

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snapshot

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THIS IS A SCALPER'S TRADE TO LONG GU.

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GBPUSD: SHORT SETUP

Trade closed: target reached

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the original trade hit the tp.

Trade closed: target reached

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Now we are thinking about top reversal which is still in the womb.

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GBPUSD is facing a top reversal

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GBPUSD is facing a top reversal

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GBPUSD: This is reversal "w" at the bottom

by FUNTRADER-Vera

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