On gbpusd
1. Some traders feel that it will definitely touch 1.3000 and above then it will break 1.2000 again.
2. Some traders looking for 1.2000 directly.
3. Some looking for brexit and political blah blah card games.
These above are current trading scenarios.
My view
TECHNICALLY IF ANY INSTRUMENTS RALLIES OR FALLS 500 TO 800 PIPS IT WILL DEFINITELY GIVE 50 TO 70% Retracement.
Iam looking for 1.2780 to be break today then we may get 1..2840 - 60 wick on next week then low to 1.2400.
1. Some traders feel that it will definitely touch 1.3000 and above then it will break 1.2000 again.
2. Some traders looking for 1.2000 directly.
3. Some looking for brexit and political blah blah card games.
These above are current trading scenarios.
My view
TECHNICALLY IF ANY INSTRUMENTS RALLIES OR FALLS 500 TO 800 PIPS IT WILL DEFINITELY GIVE 50 TO 70% Retracement.
Iam looking for 1.2780 to be break today then we may get 1..2840 - 60 wick on next week then low to 1.2400.
Never follow/blame others,Patience is the key skill for Succesfull trading.
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