GBPUSD - Untouchable in current 150 pip range
We commented last week that the half-hearted pin-bar rejecting the underside of the trendline I've drawn in (red arrow) wasn't enough to hang your hat on for a sell.
Sure enough, price blasted right passed that level and looks like it might be kicking off a new uptrend.
For me, I have to sit on my hands.
If price manages a close above 1.3200 (back above the trendline, so perhaps a higher close required if it takes longer), I would favour the upside.
Alternatively (and personally I still think more likely), a close below 1.3050 or so would spike my interest in continued shorts.
Until one of those two things happen, this isn't a tradeable market to me.
Sure enough, price blasted right passed that level and looks like it might be kicking off a new uptrend.
For me, I have to sit on my hands.
If price manages a close above 1.3200 (back above the trendline, so perhaps a higher close required if it takes longer), I would favour the upside.
Alternatively (and personally I still think more likely), a close below 1.3050 or so would spike my interest in continued shorts.
Until one of those two things happen, this isn't a tradeable market to me.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.