GBPUSD Retracing
The pound is correcting the rise it's made this week, reaching some key fib levels for expansion.
We've just nailed the top of the Pound on our previous analysis, already taking 80+ pips on our shorts, and it's time to get back along with the trend.
I'd buy a scalp here at 38.2% aiming for 1.5855 as primary target. and the 1.5900 resistance as expansion.
If it makes further bottons, our best buy lies at the 61.8% level, where we have a channel border coinciding with the rising uptrend and some fundamental supports (omitted), also aiming for 1.5855 as primary target. and the 1.5900 resistance as expansion.
Follow this trade on my tumblr and twitter:
tradingsmarts.tumblr.com
twitter.com/rodrigosmarts
We've just nailed the top of the Pound on our previous analysis, already taking 80+ pips on our shorts, and it's time to get back along with the trend.
I'd buy a scalp here at 38.2% aiming for 1.5855 as primary target. and the 1.5900 resistance as expansion.
If it makes further bottons, our best buy lies at the 61.8% level, where we have a channel border coinciding with the rising uptrend and some fundamental supports (omitted), also aiming for 1.5855 as primary target. and the 1.5900 resistance as expansion.
Follow this trade on my tumblr and twitter:
tradingsmarts.tumblr.com
twitter.com/rodrigosmarts
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.