itsjustanalysis

GBPUSD Long Idea, Gann Based

Long
itsjustanalysis Mis à jour   
OANDA:GBPUSD   Livre sterling / Dollar américain
Long trade idea based on the following:

48 trading days lower, within the Gann ‘Death Zone’ cycle of 49 trading days.
Full Moon
4/8th time pivot in the Law of Vibration cycle.
Price support against the Gann Square of 9 angle at 1.2710, a shared value area wit the 1/8th major harmonic just below at 1.2682.
Mirrored Foldback pattern indicating a fast and swift resumption higher.
Historical lows in the Composite Index.
Shared oversold structure in the RSI and Composite Index.
Transaction en cours:
Added 2 Lots at 1.2657
Transaction en cours:
Added 2 more at 1.2602
Transaction en cours:
added 5 at 1.2614
Transaction en cours:
Still active - prepping for bounce.
Transaction en cours:
Still holding and active - it's July 3rd, an important Gann date where moves culminate and trends terminate between July 3rd and July 7th.
Transaction en cours:
added 2 lots at 1.2444
Transaction en cours:
Sold 1/2 of the positions today, will sell another quarter at 1.3298
Trade fermée: cible de profit atteinte:
Closed 1/4 at 1.3298, remainder of the position sold 1.3490. All profit. Good year for the Pound trade.

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