GBPUSD - What then? 11.July.2019

GBPUSD have a very high probability that the current correction ended up! keep a very close eye if the market break above the resistance level which will even confirm that further!

Of course all corresponding pairs(USDCHF, EURUSD...etc) will be effected according to the appropriate correlation


Good luck,


To be updated...

코멘트:

your stop-loss would be very tight, just below that little support area:

코멘트:

Move your stop-loss so you have a risk-free trade!

this pair still shows a lot of bullish momentum :

코멘트:

Take into consideration, I'll check the analysis to see if that could happen, what our best entry

코멘트:

The iron resistance!

No more bull before penetrating this resistance, gain your profits!

I'll go a short with smaller lot, because till now, it would be merely a correction.

코멘트:

Lets talk now about what could happen!

There is a high probability that the market ended the current correction, Penetrating that minor resistance would confirm this probability and of course use a very tight stop-loss,

Good luck,

코멘트:

the current momentum, suggests the correction still strong, wait for resistance to be penetrated,

코멘트:

the correction still in play

코멘트:

Wait for accumulation on the current level and I'll keep an eye to catch the exact end and see if it will accumulate the necessary momentum to continue the bullish outlook, or the market will flip over.

코멘트:

it's now up to momentum, if the market didn't find the necessary momentum, we will catch any counter trader :)

Good luck,

코멘트:

Please refer to our latest idea :