GBPCNH-Update: Take Profits, Weakness Seen! #Forex
Traders,
Update on trade: Moving extremely well to the upside since I last posted the pair (See related ideas). It's time to take profits here for the time being since the trend is weak.
Previous analysis: The trade is in a nice 3 wave cyclic move since buying at the bottom. There was a nice bullish leg, followed by a corrective bear leg, offering a morning star signal for a continuation move to the highs of the range. The morning star was offered on Fib retracement, giving a nice reliable launch pad for an upside move. Expecting the extended target for this pair to be the 3 wave minor move. Before taking profits on this position.
I hope you have a tested trading strategy to trade this move when it starts
Thanks for your support
Update on trade: Moving extremely well to the upside since I last posted the pair (See related ideas). It's time to take profits here for the time being since the trend is weak.
Previous analysis: The trade is in a nice 3 wave cyclic move since buying at the bottom. There was a nice bullish leg, followed by a corrective bear leg, offering a morning star signal for a continuation move to the highs of the range. The morning star was offered on Fib retracement, giving a nice reliable launch pad for an upside move. Expecting the extended target for this pair to be the 3 wave minor move. Before taking profits on this position.
I hope you have a tested trading strategy to trade this move when it starts
Thanks for your support
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.