Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

GBPUSD 60 Minute Chart

Monday, November 21, 2016 0:57
% of readers think this story is Fact. Add your two cents.

Screen Shot 2016-11-21 at 11.46.56

Hello traders good to be with you on this Monday. Let us take a look at this GBPUSD chart. As most I would think everyone has a bearish bias as I do and all I am looking for a is sell trade. I have placed the Fibonacci tool on the chart and you can see we are currently at support. I am looking for a pull back to the 61.8 level and also the 200 EMA as long as we are closed below that I am looking for an entry at the zone of 1.2415. I would like to take profit at the support level of 1.2315 and I want to place a trailing stop as I will leave a 3rd of my trade on the table. Many ways to trade this just remember we want to sell this pair I am not looking to countertrade this.

Thank you traders and we will talk soon have a great trading day…….William


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.