Tradesmanship

(GBPUSD) Daily and 4hr - speculation and analysis

Tradesmanship 已更新   
FX:GBPUSD   英鎊 / 美元
Daily -
We can clearly see a descending broadening wedge, which makes this pair Bullish in long term, however I would like to see this pair hit the bottom of the wedge before it heads up, if we do break the blue trend line, its a safe to say to sell after a small consolidation, if we don't then we shall continue heading up.

4hr -
The 4hr time frame also shows a wedge too, but its unclear if its descending or ascending wedge. regardless of the wedge properties, a breakout of either side should be followed by a small consolidation and a big move.

- Sentimental data provided by Mongers Kit shows majority are Long on this pair :
gyazo.com/8dbf9867f5...944d2a0a272e23696c69


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If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.


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評論:
down side prevails, safe to short with tight SL
評論:
short SL was hit, we are back to the wedge, waiting to see what happens next.
評論:
daily short confirmed, wait for a little consolidation before selling.
手動結束交易:
out of this trade with - 50 pips
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