Ok, this is an easy setup. Now why am i shorting right now right here. Because i am also looking at other GBP pairs, and they are all looking very heavy.
Especially GbpChf also made a nice SHS pattern and broke lower. I'm looking there for a small bounce to short it too.
Blessings to you.
Edit: I'm sorry while typing it fell almost 30 pips, i could not post it earlier, but there is still a good chance for a move above 150 before falling.
Especially GbpChf also made a nice SHS pattern and broke lower. I'm looking there for a small bounce to short it too.
Blessings to you.
Edit: I'm sorry while typing it fell almost 30 pips, i could not post it earlier, but there is still a good chance for a move above 150 before falling.
Comment:
Notice the 38% fibo retracement coming inline with 148.00 support area.
Comment:
GbpChf trade triggered:
Sell 2932 Stop 3005 Target Limit 2800/2750
Sell 2932 Stop 3005 Target Limit 2800/2750
Trade closed manually:
Exiting GbpChf for 30 pips profit.
Comment:
Took off 50% of my gbpjpy position for a 100 pips of profit. Letting the remaining position open for now.
Comment:
GbpJpy is proceeding as expected. It broke the 149.25 shortterm swing low, and now i am moving my stop to breakeven on my position.
Target is still seen around 148.
Target is still seen around 148.
Trade closed: target reached:
+175 pips enough for me. i am closing this position for nice profits at 148.50.
