Hello Traders, I’m Mani and I’m the writer of Trade 77 section, please follow me on twitter for further updates.
Cable has acted greatly to the four hour rhythm which I mentioned three weeks ago in the weekly report. Yesterday we had a long signal on GBPUSD from 1.6148 and now we are currently +90pips in profit.
Let’s see the H4 chart:
We can see the behaviour of the price with 200EMA/High and again it bounced off this moving average with so many shadows around it. Also we have got a channel in that timeframe and it would be good to pay attention on 1.6300 and upper bond of the channel for our profit targets.
Check out Trade77 live signals here
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.
Latest posts by admin (see all)
- How To Plan a Trade From Start to Finish - May 3, 2016
- How To Trade The Eur/Usd Right Now - April 29, 2016
- Eur/Usd Could Move Higher Based off of Support Pin Bar - February 19, 2016
Winner’s Edge Trading, as seen on: