KILL ZONE
ENTRY AT 181.00
W1 20SMA
61.8%
DESCENDING TRIANGLE FORMATION
THIS IS A W1 TRADE. SO LOOK AT D1 FOR VIABLE PRICE ENTRY CONFIRMATION.
ALSO GIVE SOME SLACK TO YOUR STOP, GBP JUST MOVED 100PIPS IN 1 HOUR.
REQUIRES CONFIRMATION TO TRADE THIS ONE AS IT IS NOT WISE TO SELL A PAIR WHICH HAS CLIMBED 600 - 700 PIPS IN 2 WEEKS.
THIS GBP STRENGTH COULD, OF COURSE, CAUSE THE PAIR TO BREAK OUT OF THE TRIANGLE WITHOUT HESITATION. IT HAS ALREADY STOPPED ME OUT OF MY GBPUSD THOUGH I HAVE RELIABLE SIGNAL TO SELL IT. SO NOTHING IS IMPOSSIBLE. DO YOUR OWN HOMEWORK AND TRADE WITH CAUTION.
SUBSCRIBE COMMENT AND LIKE MY IDEAS IF YOU AGREE OR DISAGREE.
ENTRY AT 181.00
W1 20SMA
61.8%
DESCENDING TRIANGLE FORMATION
THIS IS A W1 TRADE. SO LOOK AT D1 FOR VIABLE PRICE ENTRY CONFIRMATION.
ALSO GIVE SOME SLACK TO YOUR STOP, GBP JUST MOVED 100PIPS IN 1 HOUR.
REQUIRES CONFIRMATION TO TRADE THIS ONE AS IT IS NOT WISE TO SELL A PAIR WHICH HAS CLIMBED 600 - 700 PIPS IN 2 WEEKS.
THIS GBP STRENGTH COULD, OF COURSE, CAUSE THE PAIR TO BREAK OUT OF THE TRIANGLE WITHOUT HESITATION. IT HAS ALREADY STOPPED ME OUT OF MY GBPUSD THOUGH I HAVE RELIABLE SIGNAL TO SELL IT. SO NOTHING IS IMPOSSIBLE. DO YOUR OWN HOMEWORK AND TRADE WITH CAUTION.
SUBSCRIBE COMMENT AND LIKE MY IDEAS IF YOU AGREE OR DISAGREE.
