Hey Rich Friends,
I hope you're well today. I wanted to share why I think GBPUSD will sell today and maybe more this week. This is only my technical analysis so make sure you check the news and cross reference the indicators you have on your chart. This is what I am looking at:
- The market hit a swing high on 4H and has been creating lower highs.
- The momentum is picking up for the sellers based on candle bodies.
- The stochastic is facing down, the slow line (orange) is on top of the fast line (blue) and both lines have crossed below 50. These are bearish confirmations for me.
Additional information:
- Wait for the stochastic to cross below 20.
- Wait for a break of structure below 1.35320.
- I will be setting sell stops so that my trades trigger on the way down. I will set previous highs as my SL and previous lows as my TPs.
Good luck if you decide to take this trade!
Peace and Profits,
Cha
I hope you're well today. I wanted to share why I think GBPUSD will sell today and maybe more this week. This is only my technical analysis so make sure you check the news and cross reference the indicators you have on your chart. This is what I am looking at:
- The market hit a swing high on 4H and has been creating lower highs.
- The momentum is picking up for the sellers based on candle bodies.
- The stochastic is facing down, the slow line (orange) is on top of the fast line (blue) and both lines have crossed below 50. These are bearish confirmations for me.
Additional information:
- Wait for the stochastic to cross below 20.
- Wait for a break of structure below 1.35320.
- I will be setting sell stops so that my trades trigger on the way down. I will set previous highs as my SL and previous lows as my TPs.
Good luck if you decide to take this trade!
Peace and Profits,
Cha
交易進行
First TP hit. 
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。