Kevin Loughlin – Harmonic Pattern Trader Online Trading Journal

26Dec/110

GBPUSD 2nd HALF POSITION TAKEN OUT ON BREAK EVEN

GBPUSD rallied, after hitting taken T1 for the 1st half position, to take out the 2nd half position by 5 pips for break even.  It did this with a long doji/shooting star type candle, then moved sideways and eventually dropped into some fib confluence of the ABCD legs.  It's now exhibiting some bearish continuation on the 4H RSI.

 

Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

(required)


*

No trackbacks yet.