weekly forecast for GBPUSD

2017年10月29日

GBPUSD is forming a Bat pattern which expected to be complete at D point as shown in the chart.
The reason i see a potential in this trade that a price action (engulfing candle) appeared at C point

This is just an Idea. please do your analysis before taking any trade and don't depend on other analysis. Happy trading

2017年10月30日

交易开始

nice move from our entry point. 50+ pip

2017年10月31日

交易结束：到达目标

TP 1 reached 160 pip :) .. close half of your positions followers

2017年11月3日

交易手动结束

after reaching TP1 the market found sellers after yesterday BOE conference and the price broke the channel below our buy entry and confirmed the change in trend therefore i decided to close this trade to save our profit which we made in TP1.

Total profit in PIPs for this trade is TP1 (160) - SL (40) = 120 pips during this week.. not bad ;)

good luck followers