trad3rr

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Joined London trad3rr
Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
BUND 50% | 1 GBPUSD 50% | 1
trad3rr trad3rr GBPUSD, 60, Long ,
GBPUSD: AB=CD and X-A 1.27 extension confluence - potential long trade
67 0 3
GBPUSD, 60 Long
AB=CD and X-A 1.27 extension confluence - potential long trade

Rationale 1.25 round number. 1.25 provided significant resistance previously - hopefully now support. 1.27 Projection of X-A leg comes in around 1.25. AB=CD also hits similar price area. RSI bullish divergence (not as strong as I would like to see, but divergence all the same) Targets Looking at a retracement up to 1.2583 and potential further movement ...

trad3rr trad3rr BUND, 240, Short ,
BUND: Bund sell off at top of channel
29 0 0
BUND, 240 Short
Bund sell off at top of channel

Using the 2 recent measured moves for targets, and ignoring the long wick on 9th Nov for fibs.

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