darcsherry

GBPUSD | Perspective for the new week

Short
darcsherry Zaktualizowano   
FX:GBPUSD   Funt Brytyjski/Dolar USA
Following multiple rejections of the bearish trendline (daily timeframe); the Pound seems to be initiating a tumbling move after multiple downbeat data releases to set the tone for a possible risk of further decline in price in the new week. In this video, I was able to identify the structure that emphasizes my bearish bias for the week.

Last week's update on the GBPUSD is here 👉🏽👉🏽
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
Zlecenie aktywne:
I have missed this entry here! I will have to wait for a new structure


Good morning
Komentarz:
I have been waiting for another selling setup since I missed the last one. So let's see what happen around the 1.21200 and 1.21850 area. Stay tuned in!


Good afternoon
Zlecenie aktywne:
With the current structure showing signs of reversal set up right around the 1.21200 zone; I am having entries below this zone with a minimum of 200pips profit projection.


Good morning
Zlecenie aktywne:
Just as expected, moving stop loss to break even

Zlecenie aktywne:
Its 80pips in profit; locking in some more profit

Komentarz:
Opting out of all USD trades and coming back after market settles.

FOMC!

Trade smart. Trade consciously
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