GBPUSD Long Idea, Gann Based
Long trade idea based on the following:
48 trading days lower, within the Gann ‘Death Zone’ cycle of 49 trading days.
Full Moon
4/8th time pivot in the Law of Vibration cycle.
Price support against the Gann Square of 9 angle at 1.2710, a shared value area wit the 1/8th major harmonic just below at 1.2682.
Mirrored Foldback pattern indicating a fast and swift resumption higher.
Historical lows in the Composite Index.
Shared oversold structure in the RSI and Composite Index.
48 trading days lower, within the Gann ‘Death Zone’ cycle of 49 trading days.
Full Moon
4/8th time pivot in the Law of Vibration cycle.
Price support against the Gann Square of 9 angle at 1.2710, a shared value area wit the 1/8th major harmonic just below at 1.2682.
Mirrored Foldback pattern indicating a fast and swift resumption higher.
Historical lows in the Composite Index.
Shared oversold structure in the RSI and Composite Index.
Dagangan aktif:
Added 2 Lots at 1.2657
Dagangan aktif:
Added 2 more at 1.2602
Dagangan aktif:
added 5 at 1.2614
Dagangan aktif:
Still active - prepping for bounce.
Dagangan aktif:
Still holding and active - it's July 3rd, an important Gann date where moves culminate and trends terminate between July 3rd and July 7th.
Dagangan aktif:
added 2 lots at 1.2444
Dagangan aktif:
Sold 1/2 of the positions today, will sell another quarter at 1.3298
Dagangan ditutup: sasaran tercapai:
Closed 1/4 at 1.3298, remainder of the position sold 1.3490. All profit. Good year for the Pound trade.