GBPUSD SHORT

7 Dis 2015

TL BEEN RESPECTED HERE
-WE COULD SEE A BOUNCE HERE
-I FAVOUR THE SHORT GBPUSD
-MAS STILL DOWN
-WE BROKE MONTHLY KEY LEVEL 1.5000
-I THINK WE ARE GOING LOWER
-THIS RED CIRLCE WOULD ALSO COINCIDE
WITH THE 0.618 RETRACEMENT.
-A,B,C AND D TARGET ZONES AS SHOWN
-TARGET 1 1.4775

COUPLE OF POINTS TO BEAR IN MIND:
-A BREAK OF THE TL AND CLOSE ON
DAILY TIMEFRAME COULD SUGGEST
A LONG TRADE
-FIRST TARGET WOULD THEN BE THE WEEKLY
KEY LEVEL LABELLED BUT AT THE MOMENT
BEARISH.

17 Dis 2015

Dagangan aktif

Reversal in the red circle area as I said it would and now ready to make new lower lows.

18 Dis 2015

Dagangan aktif

Expected Retrace possibly up to 1.5 but we are going lower to make new lower lows.....1.5 ish could be a good entry for short :)

19 Dis 2015

Dagangan aktif

In this trade Im looking for 1.4775 firstly.....we are going to make new lows

7 Jan 2016

Dagangan ditutup: sasaran tercapai

Time to take all profits on this one....great move went further than expected and hit my weekly support of 1.4500 to the "T"....pips galore