GBP/USD 30M
GBP/USD 4HR
ANOTHER PERFECT TRADE SET UP.
This is the GBP/USD currency pair on a 30 Minute chart –it is 1)Breaking a box, 2)bouncing off a trend line that you can barely see, 3)reversing from a 50% retracement 4) Bouncing off a 5o number, 6) into the direction of the trend 7) Breaking through the 800 SMA on the 15M chart, 8 Bouncing off of previous resistance. (This is 8 Strong indicators of trade movement YOU CAN’T IGNORE.) at 6:45 AM this morning. JUMP ON IT NOW!
Update: At 7:45 AM it is 100 pips below the breakout box. Some traders would sell short at the trend line and they are 200 pips in profit now.
Update at 8AM: The Pound is falling like a rock and is now 200 pips in profit from the box breakout, 300 from the trend line. Is there anyone kicking themselves for missing this trade?
The last chart is the 4 Hour chart showing the trend line down (green) for the last 30 days.
Final update: 8:10 AM The Pound free fell to resistance for 250 pip profit if you sold at the breakout, 350 pips from the trend line. NICE. A good end to a week of few trades. (Note: My prefered pair the EUR/USD retraced 50% but did NOT retrace to its trendline —interestingly.)
This weekend:::: to set up your own audible trade alert system, check out the alert on my links to the right of this page.
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