I have set SELL PO just below Fib 76.4 - Hope she can arrive there to pick up my PO targetting retest FIb 50.0 to 76.4 down..
High TL will act as resistance and hopefully tough one..
High TL will act as resistance and hopefully tough one..
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DislikedYou should stop trading if your doing this on live account. The bullish flag was broken long time ago and your TL's are not significant.Ignored
Dislikedhi there
Looking in at the hourly chart, the GBPUSD rally from 1.4554 is clearly corrective. While this could be the beginning of a flat or triangle, it may also be a completed correction at 1.5539 that will lead to new lows. Further, the decline from 1.5539 counts well as an impulse." I had been looking for a rally back to the 1.50/52 zone in order to get bearish, but 1.4819 is all the bulls could muster. Staying below there keeps bears firmly in control.
RegardsIgnored
Dislikedhi there
Looking in at the hourly chart, the GBPUSD rally from 1.4554 is clearly corrective. While this could be the beginning of a flat or triangle, it may also be a completed correction at 1.5539 that will lead to new lows. Further, the decline from 1.5539 counts well as an impulse." I had been looking for a rally back to the 1.50/52 zone in order to get bearish, but 1.4819 is all the bulls could muster. Staying below there keeps bears firmly in control.
RegardsIgnored