GBP USD MAY RESPECT THE GOLDEN ZONE.

74
Hi Traders,
GBP USD is rejecting from the golden zone in confluence with the 50 SMA. The hourly chart is below 50 SMA indicating a short term down trend.
A short entry can be placed if we get a confirmation from the 5min Chart in the form of a chart pattern at these levels.
Pls like and follow.
Happy Trading......
הערה
Price has formed the first top in 5 min....
הערה
expecting a heads and shoulders in 5 min...
עסקה פעילה
double top confirmed...
הפקודה בוטלה
stoch didnt crossover
הערה
expecting heads & Shoulders again.... this thing is playing with me guys
הערה
head is being formed....in 5min TF
הערה
we will be entering a put at the right shoulder on stoch (5,3,3) crossover. This trade will be a bit risky as there is lot uncertainty in the markets because of data release.
Stoploss will be above the head and target would be near the recent support.
הערה
this trade has the potential for 30 pips. but be cautious at support levels..bcoz there is lot of noise in the market today
עסקה סגורה: היעד הושג
wow that was a good trade. y guys still no likes.....thats strange...

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