GBPUSD - Going for Long - Are we going to break that Resistace
The Story :
We have hit resistance level and started going down
Hit the Fib Area and started going up again
On the way down we see an very high Speed Index - price is having a hard time to come down
Finally a PRL long signal shows the way for a long - already at 55 pips
Now the question is if we are going to break that resistance level considering the background the answer is yes but it's a bit risky because there another Fib area coming up right above this one
We have hit resistance level and started going down
Hit the Fib Area and started going up again
On the way down we see an very high Speed Index - price is having a hard time to come down
Finally a PRL long signal shows the way for a long - already at 55 pips
Now the question is if we are going to break that resistance level considering the background the answer is yes but it's a bit risky because there another Fib area coming up right above this one
Trade closed: target reached:
Time to Close -on Fib and Friday night
74 pips profit
74 pips profit