After waiting for seeral weeks, finally now GBPUSD start to looks more promising. Its now has reach the double top area of HTF structure while forming a Rising wedge in the process.
The price is now rejected from the double top area and top of rising wedge structure. Its now starting to form what appear to look like a bearish continuation flag on H1 TF. If the price break below this flag structure, it will confirm the move to the downside. I set a sell stop entry here with sl above the flag and target up to 1.27000 area
Lets see how will this pair play out.. Good Luck
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Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
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The price is now rejected from the double top area and top of rising wedge structure. Its now starting to form what appear to look like a bearish continuation flag on H1 TF. If the price break below this flag structure, it will confirm the move to the downside. I set a sell stop entry here with sl above the flag and target up to 1.27000 area
Lets see how will this pair play out.. Good Luck
__________________________________________________________________________________________________________________________________________________________________
Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
__________________________________________________________________________________________________________________________________________________________________
액티브 트레이드:
Trade active now..
거래청산: 스탑 닿음:
I got tagged out of this trade in 1 % loss. Sudden increased volatilty due to brexit news. There is nothing we can do anymore. It is just it is and we must accept it. Onto the next one..
For now,.this pair start to form a messy price structure so i will wait for a better chance before consider to reentry
For now,.this pair start to form a messy price structure so i will wait for a better chance before consider to reentry