GBPUSD :: Short term rally before the drop?!
Güncellendi
Really clear Elliott Wave Pattern formed on the 1 hour chart in Cable.
Wave 2 finished perfectly hit 76.4% retracement of Leg 1 and beautifully formed Doji candle!
Clearly waiting now for leg 4 retracement to 1.2140 area and will take the offer for move to 1.2220 - 1.2240 area.
Cable OBVIOUSLY in a longer term downtrend which I expect to continue so this idea is just looking to pick up 75 - 100 pips (barring any Brexit madness!)
instagram.com/iamleonbrown_
Wave 2 finished perfectly hit 76.4% retracement of Leg 1 and beautifully formed Doji candle!
Clearly waiting now for leg 4 retracement to 1.2140 area and will take the offer for move to 1.2220 - 1.2240 area.
Cable OBVIOUSLY in a longer term downtrend which I expect to continue so this idea is just looking to pick up 75 - 100 pips (barring any Brexit madness!)
instagram.com/iamleonbrown_
Not
The short-term rally clearly correct - but timing of the entry OR the stop could have been better...Stay tuned for update in a new trade idea
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.