GBPUSD bounce the support and hit the resistance for 3rd time and still going downward pressure.
There`s 2 ways in this method :
Long (If bounce occur on 1.2620) (TP 10 - 20 max due to downtrend/uncertainties on news.).
Short (If it was from 1.265 - 1.269 after bounce and resistance reached) (TP 30 - 100)
Good luck tomorrow, happy trading everyone.
There`s 2 ways in this method :
Long (If bounce occur on 1.2620) (TP 10 - 20 max due to downtrend/uncertainties on news.).
Short (If it was from 1.265 - 1.269 after bounce and resistance reached) (TP 30 - 100)
Good luck tomorrow, happy trading everyone.
Trade active:
Tooked TP 30 on Long options at 1.262 > 1.265, currently shorting 1.267 as it stops going upward.
Comment:
Zig Zag pattern suggesting that you can take small 10 - 20 pip in both side Short/Long. But currently staying short at least or now.