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11021992
19. Jan. 2017 18:40
GBPUSD: Expected price movement
Long
FX:GBPUSD
1D
British Pound/U.S. Dollar
FXCM
Beschreibung
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19. Jan. 2017 18:40
Hi traders,
On the GBPUSD we can see that price broke the trendline on tuesday, then we got a nice retest from where we can enter. The waving line is the expected price movement based on previous structure.
Cheers
Kommentar
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25. Jan. 2017 11:55
Lookin' good!
GBPUSD
Trend Lines
breakout
LONG
Kommentare
iSummer
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25. Jan. 2017 12:29
hi, what is this pattern called?
11021992
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25. Jan. 2017 12:30
@iSummer
, It's not a pattern. It's based on structure and a couple of retests of the trendline, suggesting it might break. And so it did.
menyuken
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20. Jan. 2017 04:17
There is a potential Bearish Cypher ongoing in GBPUSD daily. Just share with you;)
11021992
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23. Jan. 2017 16:30
@menyuken
, Thanks for sharing. Didn't see that one. Hope you're wrong :P.
menyuken
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24. Jan. 2017 02:52
@11021992
, correct me, if the pattern is not valid ;)
11021992
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24. Jan. 2017 12:52
@menyuken
, Looks good to me. Personally I would enter at the 1.27000 for better R:RR.
menyuken
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25. Jan. 2017 02:02
@11021992
, yep, thanks, let's wait and see the kindle reaction there ;)
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