Traders:
As chart shows, there is a really long time sideway movement for GBPUSD over FEB.
Seems like last Friday is the end of corrective box movement which helps us to see a clear descending channel here.
Since the channel is so wide, there will be a lot of scalp opportunities inside.
Now any retracement could be a good entry to short GP.
So far, the plan for short entry like this:
EN:1.247
SL:1.257
TP1:1.225
TP2:1.22
TP3:1.213
More accurate for the short trade pls check 15m chart for details later update below.
Less is more!
As chart shows, there is a really long time sideway movement for GBPUSD over FEB.
Seems like last Friday is the end of corrective box movement which helps us to see a clear descending channel here.
Since the channel is so wide, there will be a lot of scalp opportunities inside.
Now any retracement could be a good entry to short GP.
So far, the plan for short entry like this:
EN:1.247
SL:1.257
TP1:1.225
TP2:1.22
TP3:1.213
More accurate for the short trade pls check 15m chart for details later update below.
Less is more!
交易开始
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1.247
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35 pips
交易手动结束
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1.24388
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26.1 pips.
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GU can alwasy suprise us with at least 50 pips .
This time, GU refuse to drop down deeper.
Therefore, we follow it to stop the short trade with 26.1 pips in pocket.
and open a long trade wishing to touch fibo 1.618 1.253
This time, GU refuse to drop down deeper.
Therefore, we follow it to stop the short trade with 26.1 pips in pocket.
and open a long trade wishing to touch fibo 1.618 1.253
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the priciple of channel strategy is always follow the last one.
交易开始:
1.242
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tgt1 1.25 for now
tgt2 1.256 tomorrow.
tgt2 1.256 tomorrow.
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we are in the sun-wave 2 , predicting b as the end of the corrective sun-wave 2.
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we are getting close to the final target.
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the final way of movement.
and prepare to close.
and prepare to close.
交易结束：到达目标
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move exactly the way we expect .
