Price is looking to re-test the support line at 38.2% FIBO and then on its way up towards 1.26000
I have a pending order at 1.22939 waiting for this confirmation.
Let's see how it rolls, GBPUSD just broke through a descending channel from weeks ago and now it's aiming to re-test the resistance at 1.26000.
Looks like it's going to be a long journey
I have a pending order at 1.22939 waiting for this confirmation.
Let's see how it rolls, GBPUSD just broke through a descending channel from weeks ago and now it's aiming to re-test the resistance at 1.26000.
Looks like it's going to be a long journey
Trade active
Just got my pending order filled at the entry point mentioned above.Let's see how it rolls.
Trade closed: stop reached
Got stopped. I will wait for another opportunity, rejected big time.
Funny how in this month the only trades I've lost when trying position BUY, it was GPBUSD.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.