GBP/USD - Sell take-off

Обновлено
Very simple Eliott Wave patterns, from this analysis we can expect price to drop drastically, while completing E Wave (600+ pips) long-term!
Executing position for best risk would be, at the top of the triangle or at the bottom...
Risk Reward could be up to 1 to 20, if you're very serious to hold this trade for kinda long time!
Сделка активна
снимок
01:00 (30/01/20)
Position Executed! On 1H time-frame price is making M formation which could be SELL trigger, after such an impulsive movement to the upside!
Заметка
01:25 (30/01/20)
In case price hits my SL, i will re enter at the top of the Triangle...
Сделка активна
снимок
12:47 (31/01/12)
Our trade on 1H time-frame got taken out, after that i placed my sell limit order at the top of the triangle, and it got executed, lets see whats gonna happen next!
Заметка
12:50 (31/01/20)
Note that everybody is BUYING GBP/USD, which is good indicator that we should SELL it...
Заметка
12:57 (31/01/20)
+ UK is leaving brexit today, which could interfere with
Заметка
12:57 (31/01/20)
*EU not brexit
*interfere with our analysis
Just woke up, cant type right, ahahah!
Заметка
снимок
16:33 (31/01/20)
I'm still in the trade, price managed to close above our TL, if price manages to break below the support, it will continue to drop, or else it will shoot up, as DXY broke-out of the trend-line
Сделка закрыта: достигнута стоп-лосс цена
17:34 (31/10/20)
Price hit out SL, as DXY dropped very hard!
Chart PatternsTrend AnalysisWave Analysis

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