S4Y1

S4Y1

Let's see the price action and sell the pull back

S4Y1 Updated 

Because of the strong resistance @1.46653 and the chart seems like DOUBLE TOP. I would like have a strong short view on GBPUSD (you can also find a trend resistance in day chart) I have two guesses on GBPUSD, which are shown in the picture. If GBPUSD tests the 1.464 level again and cannot break out. I definitely will short it with a big short position. Maybe...

S4Y1

REASONs: fake broke out @1.466 meet resistance @ EMA 15 Hence Entry @ 1.461 Stop loss@1.47 Take profit @1.443

S4Y1

fake break out & test 1.466 meet resistance @ 15EMA entry level @1.461 Stop loss @1.47 Take profit @1.44316

S4Y1 Updated 

entered on 1.132 stop less over 1.1341 TP @1.122

S4Y1 Updated 

There's strong resistance at 1.26661 level, it might be an opportunity to long S/L 1.26188 T/P1: 1.27499 T/P2: 1.28565

S4Y1 Updated 

The up trend is broken. It might have some support on 50 SMMA. But personally i think it 's going to reach to the level around 0.75852, as it's an important resistance level in the past. Go sell AUDUSD when pull back @ around 0.77231 level stop loss higher than 15 EMA @ around 0.77634 level Take profit @ 0.75852

S4Y1 Updated 

seems there's a strong resistance under 50 SMMA @ around 1.44 level If it keeps under this level, i personally believe it would like go down to test support levels. Thus, if it goes up to test this resistance again and cannot break up. I would like to have some short positions. Entry level @ around 1.44145 Stop loss over 1.44542 TP1 @ around 1.43135 TP2 @ around 1.41329