andrevella

looking for the retest at around 1.29300

OANDA:GBPUSD   Livre sterling / Dollar américain
when retested at 1.29300 I would play close attention to what it is doing I.E using the price range as a support or as a resistance my money will be on resistance but I wouldn't enter this trade without a stop loss probably again 20/30 pips on the opposite ! but if it uses it as a support level I would look to go long not short

AGAIN PEOPLE MY MONEY IS ON IT GOING SHORT WITH A POSSIBILITY OF A NEW DOWN TREND ABOUT TO TAKE PLACE BUT I COULD BE WRONG !!!
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