Short Flag
Updated
GBPUSD bounce the support and hit the resistance for 3rd time and still going downward pressure.
There`s 2 ways in this method :
Long (If bounce occur on 1.2620) (TP 10 - 20 max due to downtrend/uncertainties on news.).
Short (If it was from 1.265 - 1.269 after bounce and resistance reached) (TP 30 - 100)
Good luck tomorrow, happy trading everyone.
There`s 2 ways in this method :
Long (If bounce occur on 1.2620) (TP 10 - 20 max due to downtrend/uncertainties on news.).
Short (If it was from 1.265 - 1.269 after bounce and resistance reached) (TP 30 - 100)
Good luck tomorrow, happy trading everyone.
Trade active
Tooked TP 30 on Long options at 1.262 > 1.265, currently shorting 1.267 as it stops going upward.Note
Zig Zag pattern suggesting that you can take small 10 - 20 pip in both side Short/Long. But currently staying short at least or now.
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.