GBPUSD - SHORT THEN LONG

2015年11月1日

Double bottom with bullish divergence found on the hourly TF. RSI Oversold level at 1.5467.
PRZ at 1.5329 (61.8% retracement with previous structure support and resistance found at the same level).
You could do a SHORT to the PRZ, before a BUY.
I would place my SHORT stop loss at 1.5477. LONG stop loss at 1.5232.
Possible 1st LONG TP Level at 1.5477. 2nd TP at 1.5528

2015年11月3日

註釋

Positive GBP manufacturing data caused a brief spike up, but the candle didn't close above the previous highest high at 1.55058.
My short stop loss was activated and I re-entered another position as it is still a valid trade.
Moved my new stop loss to 10 pips above the previous high (I should have done this earlier).

2015年11月5日

交易結束：目標達成