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- Long Term GBP/USD ( Warning Sign )
Hello: WARNING: This is a Warning Sign, a Highly violated market move may happened with more than ...
here is the weekly pivot.
as a matter of fact, the weekly chart shows a break on the trend for two weeks.
well, up trend, daily closed above the resistant trend line. so, wait until we retrace ( if we did, then buy. ) that will be my strategy now, but after the weekly close.
This Chart, the 4 HR Support line. but i may consider entering short under 1.9620 also. if it gets there. however, this is my own opinion which could be wrong.
Looks like the daily top didn't get break the last time. but the range is getting closer, and if you could see, it's like a base down, it might get break up ... what do you say?
however, the daily chart has formed a lower top at 1.9760 check it. and if it is not passed up, we will go down
could the daily trend line hold on if there was a bad news for USD Today? that red line was tested today, we may rebound for a good short trade, or it might be broken up.... i have put a limit order to open at 1.9718 with stop 1.9735 we might miss ...
the daily frame trend didn't break today so far: as for me it is the time to sell, with stop above 1.9735 but remember, if you follow this, do it at your own risk, this is a critical area, and this is a critical call. best place to enter is 1.9718
daily chart — And here is the daily chart
as for me, i am not sure of Market Direction for long run, we are in a critical place
Hello: WARNING: This is a Warning Sign, a Highly violated market move may happened with more than ...