The pound has exited the triangle formation on the H4 chart but has now returned to retest what was the upper limit of the descending triangle. Once finished, it might attempt to make another bull run towards 1.3200 and beyond.
코멘트:
Your thumbs up and comments are much wanted and I am grateful to receive them.
액티브 트레이드:
It appears the pair is giving a good entry for shorts unless it crosses and closes above daily pivot again.
액티브 트레이드:
The price action reversed as I thought it would, now there are low chances it will return to 1.3101 today.
액티브 트레이드:
1.3078 might be a good area to re-enter shorts
액티브 트레이드:
The pair was pushed downwards by the golden cross (EMA200, EMA50).
액티브 트레이드:
The bear run continues in the US session.
액티브 트레이드:
The price reached the upper limit of what was descending triangle. It might reverse from this moment on and have a bull rally begin.
액티브 트레이드:
The pair made a consistent retracement yesterday evening, but it seems it wants to retest previous low today.
액티브 트레이드:
Nothing happened during FOMC release, though the price has this bullish feeling that one cannot ignore. Let's see what is going to happen during FOMC press conference and later after the current H4 candle is finished (london time).
액티브 트레이드:
The price has spiked to 1.3089 after BoE Interest Rate Decision (Jan) was published.
액티브 트레이드:
The price is 20 pips away from our target (tp1) 1.3200. :)
거래청산: 타겟 닿음:
Our target (tp1) 1.3200 was achieved Today. :)
