GBPUSD: should follow a daily chart to see catch 400 pips.

Traders,

At this level, GU need to trade with data or event.

This is a typical level for GU, as for short trade, it looks like a strong resistance.

On the other hand, for long trade, it looks like breaking up make this resistance become a new support.

So far, we are more prefer a breakthrough up to 5 for a
5-wave channel to come.

And this time should follow a daily chart to see tgt, which is 400 pips ahead now.

Less is more!

Commentaire:

Commentaire:

Two months ago, the huge reversal seems quite forward-looking .
Now its coming true.

Transaction en cours:

Long entry:1.2919
sl:1.2840
tp:1.33

Commentaire:

we are now having 40 pips on this long trade.

Commentaire:

60 pips for this long trade, and GU seems like to break 1.30 for the first try.
Then selling pressure will appear by price's pulling back .

Commentaire:

Commentaire:

This is hard as selling power is strong at 1.3000.

But if GU breakup without stop ,
will cause disaster for short traders and make
great pips for long traders.

Commentaire:

gu need a trigger.

Commentaire:

which is coming later 2 days left this week.

Commentaire:

Commentaire:

we are making 120 pips on the long trade.

Transaction en cours

Commentaire:

on the daily chart, GU is now moving between 1.30-1.35.

Commentaire:

Commentaire: