ForecastCity

💡 Don't miss the great sell opportunity in GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.3365). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 35.

Take Profits:
TP1= @ 1.3310
TP2= @ 1.3272
TP3= @ 1.3230
TP4= @ 1.3190
TP5= @ 1.3125

SL: Break Above R2

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Comments

Yeah, I'mma trade this one. Wish me luck. :)
+5 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, We wish you all the best with your trades.
Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thanks for your comment.
Reply
TP2 is absolutely the most that it can go
+2 Reply
ForecastCity Helena_FX
@Helena_FX, Thanks for your comment.We wish you all the best with your trades.
Reply
Mousie12 Helena_FX
@Helena_FX boy were you wrong LOL
Reply
Helena_FX Mousie12
@Mousie12, 1st I am not a boy, and 2nd where was I wrong? I said that the most it will go is TP2. Thanks. Next time read properly the comments.
Reply
Mousie12 Helena_FX
Clearly are u thick? How are u telling me to read when u clearly can’t. YOU said the most it will go is tp2. It almost went all the way. Almost double. So yes you were wrong as u said “the most it will go is tp2” durh. And the fact u said “im not a boy” just shows u got some serious complex issues. If u can’t handle simple comments then ur in the wrong game
Reply
Helena_FX Mousie12
@Mousie12, I think we are looking at two different charts. It went all the way down to TP1 yes that's correct at the chart I am looking at. If you're looking at the exact same chart, then you have problems with your eyesight claiming it went almost to TP2. Perhaps you wish it could have gone, but it didn't and yes it may go, but that would be the most it will go just as I mentioned in my original post. I can sense some psychological issues with you, but I won't make any further comments on that. As for the "boy", yes I know it is only a saying, the reason I reacted like that is because some men on here with clear issues think this game is not for girls.
Reply
Excellent chart. Keep it up dude.
+2 Reply
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