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kenoyer

GBPUSD SELL (Uptrend)

Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdsell gbpusdidea gbpusdbuy gbpusdtrend gbpusdlong gbpusdshort
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trendanalysis chartpattern beyondta gbpusd gbpusdsell gbpusdidea gbpusdbuy gbpusdtrend gbpusdlong gbpusdshort
So we had a clear W last week and feasted on the buys
Technical in an uptrend move with the first V coming

With a tall Asian range which I'm not excited about, we could see a break to the upside and get an M at last week's high

snapshot

The play will be to sell back into the Asian range (if we get an M at High of last week during London, else buy the W at the lows) ...expect a higher high so trade cautiously
Komen:
So we came short of the early breakout targets and are trading at the lows of the asian range.

We may get a break to the down side and if we do, the low of the week may be tested or stops hunted

snapshot

If we get a clear W early enough in NY, I'll be in a long position

Idea Berkaitan

kenoyer
GBPUSD Buy (Uptrend)
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