Trade77, 16th Nov. 7pm


Hello Traders, I’m Mani and I’m the writer of Trade 77 section, please follow me on twitter for further updates.
I had got an analysis on GBPUSD before, you can see it here.
Now in the daily chart there is a great opportunity as the price bounce off the daily chart and head through breaking it.

Breaking that trendline might force the price to reach 1.5650 as I mentioned before.
Look carefully here and do not trade it now until we see a bullish candle that indicates a bounce off the trendline or a bearish candle that closes below the trendline for a bearish run.

Make sure that you are following me on twitter so you can be informed of any trade calls for this pair and if you found this post useful let your followers to read it too, so please retweet this article with the button above of the article.

Regards

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  • Anonymous

    Thanks buddy, exactly at that point I was looking for shorter time frames long setups and I got 3 profitable scalp positions. But for swing trades, H4 bullish candles would be enough.

  • Anonymous

    Thank you.

  • Great Mani!!! That confirmation candle should be in the daily or in a lower tf? Thanks for sharing

  • Forexachievers

    I will be following this. Will be looking for that confirmation candle on a bounce or breakdown. Thanks.