GBPUSD Short Trade Setup

18 апр. 2018 г.

Hello trades.

While I was recording today's video analysis, I was expecting some correction before this down move, but it just fell. Wait for a correction to take any trade. Don't jump in. My minimum target is the breaking of up trendline. Then we will see. There is a chance for one more upside, or it can go down and make new all-time low.

24 апр. 2018 г.

Заметка

If you took this trade from the top like I suggest, move your stop-loss to breakeven. If you missed the entry like me, wait for a bigger correction to sell.

1 мая 2018 г.

Заметка

If the down move is the C wave inside of daily X wave, the corrective structure should be about the end. So, if you have any short trade you should consider to close it. I believe moving stop-loss to the closer to spot price would be a better idea. After this drop, it will either make a correction or Z wave, we will see.

8 мая 2018 г.

Заметка

Move stop-loss to the blue line. It can keep going down, but momentum is dying.

9 мая 2018 г.

Заметка

It broke the downtrend line. Wait for a correction and close your trade. If it keeps going up, let it stop you out at the blue line.

10 мая 2018 г.

Заметка

Trade should be closed with positive stop-loss and profit should be around 7%. If you like to count the pips, it was 700.