GBP/USD You can see on the chart why is on distribution.
Up bars and the next down
Up bars and the next down
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DislikedMorning,
Have another zone of interest here, especially when you take a look at the monthly. Loads of big levels on numerous pairs coming up.Ignored
DislikedNice chart, dammit. People will think I've been copying you. Here's my version: posted at least 7 hour after you.Ignored
DislikedSupport turned resistance at around 1.2350, coinciding with diagonal trend line, lower trend line for TP purpose.
Aiming 50 pip move.Ignored
DislikedBuy pending at 76.700, though the previous bounce was suppose to be the one I should have taken, but guess eyes are not yet that trained.Ignored
DislikedSL 20 Pips, TP 40-50 Pips, no real idea about TP but SL is above support turned resistance at around 1.2350.
Lets see how it goes.
Any comment agreement/disagreement is welcomed.
Regards.Ignored
DislikedSL 20 Pips, TP 40-50 Pips, no real idea about TP but SL is above support turned resistance at around 1.2350.
Lets see how it goes.
Any comment agreement/disagreement is welcomed.
Regards.Ignored
DislikedHere is again a pending sell.
My min. ration of reward/risk is 2:1.
Since i have gone ahead with further pending sell, am i retaliating or charts posing a valid entry ?
Let see :-)
Edit: Btw GBP GDP prelim news was bad for GBP and i think it affected this pair as well, don know how ?correlation ?
They seem to have a little positively correlated.Ignored