GBPUSD +8 pips 2016-05-16 | Orange to White
Here is a very conventional Orange to White trade. Cable has established a down trend (shown by the arrangement of the 1, 5 and 15 min boxes. The box pattern also indicates that this is the second push down. It has hit support on the 1 and 5 min TimeLanes with 10 pips back to the 1 min box. The trade made +8 pips.
Further details and help regarding trading forex price action, with the forex TimeLanes trading software, can be found here
Previous recording Forex Price Action | GBPUSD +8 pips 2016-05-12
from 24HR Forex Trade Room http://24hrforextraderoom.com/forex-price-action-2016-05-16-gbpusd-8/
No comments:
Post a Comment