GBPUSD was rejected 2 times near monthly pivot MM3 about 1.26 area , The BEAR look for reversal down for selling opportunity. Plan A near MM3 about 1.26 area , Plan B near MR1 about 1.27

GBPUSD Daily ( 11 Nov , 2016 )

It was rejected twice near monthly pivot MM3 area , potential double top about 1.26

GBPUSD H4 ( 11 NOv , 2016 )

Plan A Look for reversal near 1.26 SL 1.27 TP 1.23 Plan B if it continue up then reverse at near 1.27 SL 1.28 TP 1.23

GBPUSD 15M ( 11 Nov , 2016 )

Entry time frame look for lower low then Sell at lower high Plan A Sell @ 1.26 SL 1.27 TP 1.23 Plan B Sell @ 1.27 SL 1.28 TP 1.23

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About The Forex Analyst

Daniel is full time technical analyst for forex.today base in Singapore. He is specialize in Asian Mayor currency JPY , Aud and NZD.

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2 thoughts on “GBPUSD Trade Plan ( 11 Nov , 2016 )”

  1. callahan says:
    November 13, 2016 at 6:39 pm

    Nice plan. My target is DB target 121

  2. Daniel Chan - Forex.Today says:
    November 15, 2016 at 10:18 pm

    Thanks :}

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