FX:GBPUSD   British Pound / U.S. Dollar
Dxy showing strength, 50% level respected, daily close was bearish . should go down to the bottom of channel
Trade closed: target reached: +110 pips
Comment removed.
MannyGuzman MannyGuzman
Ideal entry would be the 50% retracement of yesterdays high, sl right above it and the multiyear trendline, target is the 61.8 and bottom of bullish channel
1:435 risk reward
1% risk on this for me
Comment removed.
MannyGuzman MannyGuzman
Dxy is showing bullish strength from this key 61.8 Level and I'm expecting it to retrace and test the broken channel!
Comment removed.
MannyGuzman MannyGuzman
@MannyGuzman, Nice shooting star daily close on the 50% retracement level,
Comment removed.
MannyGuzman MannyGuzman
@MannyGuzman, Multi year trendline RESPECTED again.
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