GBPUSD- Wait for Proper Breakout! Don't need to hurry!

31 mai 2017

Hello Guys, GBPUSD is currently moving downside . Upside move is over and now its making a down move within a nice pattern. Its seems that we got a inside breakout of the trendline but currently pair is making a lower correction.Here are two things which we'll be looking if we are going to trade. First thing we should be looking at is the lower timeframe correction for continuation of the trend. If we get that it will be a good trade. if it breaks early then we'll be looking at the violation of the previous horizontal line because otherwise it can still make move up and turn into higher timeframe correction!!


Trade according to your own strategy!

31 mai 2017

Note

Price didn't violated the line or even didn't got a breakout! Instead, we got move up as expected! 4h view.

6 juin 2017

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Update:

20 juin 2017

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Target 1 hit with 260+ Pips!