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r_yammahi

breaking the trend and possible SHORT

Singkat
Paun British / Dolar A.S. (FX:GBPUSD)  
r_yammahi Telah dikemas kini   
FX:GBPUSD   Paun British / Dolar A.S.
Fundamental Analysis
4
3
fundamental
as showing in the chart, the long trend touched the chart 3 times, and at the third one showed weakness. the trend line used to be support but now its resistant. in the book ( technical analysis explained, page 86-89 ) this situation explained that the longest distance ( price to trend line ) will be the same distance when reverse. so, if this happed, I will wait the price to be in 1.213 area to buy.
Komen:
the price returned back above the trend line, so the scenario is cancelled
Komen:
again, back to the theory and prepare to buy
Penafian

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