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13 years 10 months ago #2534 by ftse80
Replied by ftse80 on topic GBPUSD C&H ??
Does anyone see C&H forming here?
The target may be about 1.7200


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13 years 10 months ago #2287 by Rossymc
Replied by Rossymc on topic GBPUSD shooting star
Good trade remo
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13 years 10 months ago #2269 by Rossymc
Replied by Rossymc on topic GBPUSD shooting star
Watching this closely remo but the down trend on the bear flag could be broken




Maybe a fakey just occurred after an inside bar on the 4hr





Very balanced but a good move could come either way. So what is my position? Fishing but fancy a long on retest of downtrend line.
RMc
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13 years 10 months ago #2210 by remo
Replied by remo on topic GBPUSD shooting star
Shooting star formed right at known resistance at the 61.8fib level



DYOR
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13 years 11 months ago #1474 by Rossymc

Jackozy wrote: Cable now getting quite close to an important level with the uptrend support, horizontal support (wave 1 high?) and 50% retracement all converging:



I'll be going long at about 1.578 as long as the hourly looks set up for it.


Also looking at this level as wave 4 bottom. Will be analysing the 4hr price action though.

Rmc

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13 years 11 months ago #1473 by Jackozy
Cable now getting quite close to an important level with the uptrend support, horizontal support (wave 1 high?) and 50% retracement all converging:



I'll be going long at about 1.578 as long as the hourly looks set up for it.
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