GBPUSD- This is the 30 minute chart.l have looked at this chart and we are looking for an aggressive pullback as the trade plan yesterday worked very well and I want to get as close as possible to the daily pivot point and sell this as this is resistance. I would like to enter at the price of 1.5192. I am looking to take profit at the support zone as marked on the chart at the price of 1.5107. Be alert to the 200 ema as we can get a bounce there you might want to exit the trade at that point.
OK traders let us look at the GBPUSD- This is the 30 minute chart.l have looked at this chart and we are looking for an aggressive pullback as the trade plan yesterday worked very well and I want to get as close as possible to the daily pivot point and sell this as this is resistance. I would like to enter at the price of 1.5192. I am looking to take profit at the support zone as marked on the chart at the price of 1.5107. Be alert to the 200 ema as we can get a bounce there you might want to exit the trade at that point.
Thank you trades and talk soon…William
FX Instructor Forex Blog – For Traders, By Traders
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great call my friend , just made 50 pips , thank you so much