EuroMotif

GBPUSD shorts re-entry Idea: GU 15min chart bounces to short

EuroMotif Mod Zaktualizowano   
FX:GBPUSD   Funt Brytyjski/Dolar USA
This is a followup to my GU shorting adventure linked below.

I am expecting that the current wave down is very close to completion (or has already).
Thus I have closed most of my short positions and watching for a bounce to reenter.

Maybe it does not bounce, Maybe the Dollar keeps on going strong?
I still have 20% of position riding a trailing stop, and will consider adding more if supports are broken.

This all started with this plan looking for an end to the short term uptrend:
After the big drop a few days ago, I took profit and started looking to reenter per this plan:
I then managed the positions per this plan: The THIRD of this plan is now the green zone in the current plan you are looking at:
.
Komentarz:
Almost there, first possible shorting zone
Komentarz:
here we are at first zone. Tempted to take a very small short here
Komentarz:
first small GU Short fired
s3.amazonaws.com/tra...shots/c/C4Kr8o4t.png prolly a loser, but gotta take the shots, and lower the risk when it looks too good to be true, so a VERY small risk on this trigger
Komentarz:
Yup, a looser :( I will get you at the next trap!
Komentarz:
If at first you don succeed.... trying another small short here
Komentarz:
GU perfect rejection from top of resistance band, now need to see if breaks below the band
s3.amazonaws.com/tra...shots/j/j3INUAaV.png
Komentarz:
well I scalped each resistance zone, made a few pips, but nothing stuck. looks like an ABC retrace is under way. will analyze and post new chart for next week.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.