GBPUSD , Will it give us a pull back?!
WE can see 5 upward signals
1. 4h upward Channel
2. symmetrical Triangle upward breakout
3. 4h Resistance Zone
4. Monthly Pivot R1 (Traditional) breakout
5.Moving average EMA (20, 50, 100) , SMA (200 ) upward 4h
If I see a weak pull back in 1h I will go for a long position with 1:2 ratio
1. 4h upward Channel
2. symmetrical Triangle upward breakout
3. 4h Resistance Zone
4. Monthly Pivot R1 (Traditional) breakout
5.Moving average EMA (20, 50, 100) , SMA (200 ) upward 4h
If I see a weak pull back in 1h I will go for a long position with 1:2 ratio
Zlecenie zamknięto ręcznie:
I hope you didn't execute the order, because we didn't see a weak pull back . If you did it ,as we have an inverted hammer in 4h the price might gives you another chance to close the position in break even point now.
Komentarz:
If today's daily candle with previous candle make a Harami pattern , we might have a bearish momentum for next day too.