GBPUSD: SHORT NOW OR WAIT. BUT USE THE CORRECT STOP

1. Pound might rally, based on current RE_up but tis still being controlled by prior RE_down day.
2. Price expiry marked. Time expiry, 6days
3.At price expiry, one could go short.

INVALIDATION POINT
Open of RE_down +spread+1 ;)
TARGET
Target the low of RE_down= 6-day MODE.


"it's an interesting buy
ecb tomorrow
might be catalyst"- IvanLabrie

Commentaire:

Measured Move Target, Takes us to previous DOWNTREND MODE FAILURE

Commentaire:

..................Poor Management....????
I covered my short for 2.8% profit last night.
I have reloaded short , however. Seeking to move stop to BE quick , due to GBP News in some couple of minutes.

Commentaire:

On Daily, a 3-day MODE @ 1.51140 looks offering a floor to price, but once we crack into this floor......count it all JOY ;)

Commentaire:

Giving nothing back. Stop to BE ;)

Commentaire:

Downtrend price target expired on 30mins, so Im just gonna tighten up stops behind key levels;)
moorekapital-gmail.t.../MzkyNDY4XzIxOTA4NjQ

Commentaire:

tis been a nice short.
Looks current upleg might have trouble pushing up.
Until the weigh of evidence proves otherwise, Im only anticipating here:
"I'll wait to short the next 4H bar, IFF it's unable to stretch up to here: 1.517761 "

Commentaire: