TraderAvDM

Looking at the 100D EMA as a PRZ

TraderAvDM Diupdate   
FX:GBPUSD   Pound Inggris / Dollar AS
GBPUSD keeps pushing higher but the recovery doesn't look very convincing. The daily candles are quite small compared to the average daily range during the downtrend which could indicate a change of trend very soon.

I am looking at the 1.2650-1.28 area as a Potential Reversal Zone(PRZ). A bearish daily candle in this zone could signal that the recovery has ended. If that happens, I will go short.
Komentar:
Big reversal from the PRZ
Komentar:
New idea
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