GBPUSD Long Idea, Gann Based
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.
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.
İşlem aktif:
Added 2 Lots at 1.2657
İşlem aktif:
Added 2 more at 1.2602
İşlem aktif:
added 5 at 1.2614
İşlem aktif:
Still active - prepping for bounce.
İşlem aktif:
Still holding and active - it's July 3rd, an important Gann date where moves culminate and trends terminate between July 3rd and July 7th.
İşlem aktif:
added 2 lots at 1.2444
İşlem aktif:
Sold 1/2 of the positions today, will sell another quarter at 1.3298
İşlem kapandı: hedefe ulaştı:
Closed 1/4 at 1.3298, remainder of the position sold 1.3490. All profit. Good year for the Pound trade.