Livre britannique contre dollar américain H4 Live Forex Chart
Graphique GBPUSD,H4 de James_Bond
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I don't remember how this pattern is called, but I'm quite sure it's pointing down..there is not enough momentum at this point to go up
Your support line is valid in this case?
Looks like it still is :)
Waiting for a bounce off support to enter long. If it breaks, wait for a pullback to go short.
Looking good. Target is way back at about 1.5900, SL is 1.61770
Check the green channel - selling now
Selling now!
Price is going downwards..going to rethink my plan
Ok, done
channel was good but it was trading inside the trading arrange so we have to wait for channel support and resistance for new entries , only we can play like this only
Yes, I agree. Currently price is inside the crossing area of all 3 channels, which is holding the price in a tight triangle range - waiting to see which way it break and then take the ride.
im sure that the market sentiment still bearish, long only the bewst way to suicide
Any thoughts?
Red channel - the broken
Purple channel - Possibility 1
Green channel - Possibility 2
Purple channel - Possibility 1
Green channel - Possibility 2
Colored the channels for clear reading :)
Price is stalling - trying to decide which way to go, my way or the high way :)
Price has broken current channel and formed a new one.
We will ride the new channel until resistance is hit.
We will ride the new channel until resistance is hit.
SL is a few pips below the previous low