i am staying out until retracement is over. there is more risk in going against the main trend

double top on M5 ... it is reversing .. possible 50% retracement to 3965

retracement to 3965 then down again consolidation triangle forming on M5

rebound around 3890

i caught the down move earlier. i am at 80 pips profit.

looks like a triangle is forming

thanks. i should pay more attention to news.

i am most likely out as well for today.

hehehe .. i cannot tell time. my bad.

the breakout was suspicious. it happened before london open.

the price has been hugging the lower line more often than upper line. it might break it downward.

yes. or double top and back to bottom again

yes. however, i was referring to the M5 chart. it looks like ascending triangle and it will go upward to 6260 region.

i think it is forming a pattern before shooting up. or down.

same here. i had many chances to enter earlier but hesitated. i will wait for fibo retracement to enter long.

yes. i noticed that. i was wondering why price will go against traders' sentiments!

it says: ================================================= GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.11 as nearly 53% of traders are long. Yesterday, the ratio was at -1.13 as 53% of open positions were short. In ...

this could be ascending triangle

no need to rush. give it sometime to consolidate and form a pattern

broke resistance ... further down until 6110