(GBPUSD) Daily and 4hr - speculation and analysis
Daily -
We can clearly see a descending broadening wedge, which makes this pair Bullish in long term, however I would like to see this pair hit the bottom of the wedge before it heads up, if we do break the blue trend line, its a safe to say to sell after a small consolidation, if we don't then we shall continue heading up.
4hr -
The 4hr time frame also shows a wedge too, but its unclear if its descending or ascending wedge. regardless of the wedge properties, a breakout of either side should be followed by a small consolidation and a big move.
- Sentimental data provided by Mongers Kit shows majority are Long on this pair :
gyazo.com/8dbf9867f5...944d2a0a272e23696c69
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
Mongers Kit
Mongers Kit is complete traders toolbox, with all the data and news you need to have successful trades. Mongers Kit is packed with features such as :
1) order flows in real time.
2) current open positions from 4 different brokers.
3) real time news update.
4) T.V and Radio to your favourite channels (Blomberg, CNN, ABC, etc).
5) Dynamic sessions - see all the rises and falls in each session.
and much more, get your kit now at www.mongerskit.com
If your my follower, you get 20% discount on your purchase of Mongers Kit.
Contact me for more details.
We can clearly see a descending broadening wedge, which makes this pair Bullish in long term, however I would like to see this pair hit the bottom of the wedge before it heads up, if we do break the blue trend line, its a safe to say to sell after a small consolidation, if we don't then we shall continue heading up.
4hr -
The 4hr time frame also shows a wedge too, but its unclear if its descending or ascending wedge. regardless of the wedge properties, a breakout of either side should be followed by a small consolidation and a big move.
- Sentimental data provided by Mongers Kit shows majority are Long on this pair :
gyazo.com/8dbf9867f5...944d2a0a272e23696c69
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
Mongers Kit
Mongers Kit is complete traders toolbox, with all the data and news you need to have successful trades. Mongers Kit is packed with features such as :
1) order flows in real time.
2) current open positions from 4 different brokers.
3) real time news update.
4) T.V and Radio to your favourite channels (Blomberg, CNN, ABC, etc).
5) Dynamic sessions - see all the rises and falls in each session.
and much more, get your kit now at www.mongerskit.com
If your my follower, you get 20% discount on your purchase of Mongers Kit.
Contact me for more details.
Komen:
down side prevails, safe to short with tight SL
Komen:
short SL was hit, we are back to the wedge, waiting to see what happens next.
Komen:
daily short confirmed, wait for a little consolidation before selling.
Dagangan ditutup secara manual:
out of this trade with - 50 pips
