vbadali

The cleanest setup in forex - GBPUSD BEAR FLAG

Penjualan
vbadali Diupdate   
FX:GBPUSD   Pound Inggris / Dollar AS
5
When I stumbled upon this weekly chart I almost thought it was too good to be true. I've personally never seen such a clear weekly consolidation pattern and that may leave it open to manipulation and failure but I simply cannot ignore the potential.
1. We're consolidating below the 2009 low @1.35 and after the strong BREXIT induced drop.
2. After such a strong one-sided move I'm inclined to trade with a Short Bias looking for a breakdown.
3. A clean move below 1.29 should really start the down move and TBH I don't know what the targets are because we're all new all time lows so I'd look to hit a clean psychological number like 1.25
In conclusion, set a sell stop at 1.29. Otherwise, no play
Trade aktif:
My sell stop was triggered on the break of 1.29 holding now until atleast 1.25.
Retails traders getting more long this pair - Look out below!
Trading ditutup secara manual:
Ridiculous trading in terms of profit potential 1.29-1.20. I unfortunately bailed before the flash crash but still made out with 300 pips !
Keep trading the long term setups!
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.