MarxBabu

GBPUSD Perfect Short

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price should be below the marked parallel lines ,when it is below the line good profit possible ,SL should be touch point of this parallel line.

How the analysis is done here;
The "LongBuyLongSellIndicator" & The "ProfitMaximizer" script Indicator is used for this price prediction and for the possible up/down side direction.

Steps to follow for some good entry on either way is :

1. Candle color change (Blue to Black or Green to Red Vice versa) is a signal for BUY/SHORT entry;
2. BackGround Color change (Red to Green /Green to Red vice versa) is a signal for BUY/SHORT entry;
3. Any Four combination of StrengthMeters (1 2 3 P D Up/Dn,PSAR;Green Strength meter shows BUY;
RED strengthmeter shows short) forming within two candle is good Signal for Entry BUY/Short

-- This Strengthmeter is the key for Most successful entries.
-- When all the #1 #2 #3 conditions are met,It is a holy place to take Long/Short entry without miss.

COMMENT below ,Hit the "Like" Thumb button if you like the analysis.
Script of the Indicator is below;
Backtested data using "Heikin Ashi" is below.

Comments

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