OANDA:GBPUSD   British Pound / U.S. Dollar
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1M
Last Month price closed above 1.30000 monthly level. Will need to keep a good eye on this as last month a hanging man was formed also.

1W
EMA crossed to the upside. HH and HL being formed.

1D
Rejection on 61% fib level which formed an higher low. following by two bullish candles. EMA also pointing to the upside position.

4H
Counter trend line has been broken. followed shortly by a cross over of the EMA to the upside position.
Jul 27
Comment: SL has been moved to break even.
Aug 01
Comment: SL moved passed break even
Sep 06
Trade closed: target reached: Take Profit Reached

Comments

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