everything clear on the chart.
We have to wait for a convincing confirmation, like engulfing 4H candle, etc, to get into a long position which is more probable.
the second scenario will not be activated till the price breaks the intersection between green and red lines. in this case, we should wait for a pullback and prepare ourselves for a short position.
important news on GBP pairs is very effective. don get into any position before the news is published.
news:
Asset Purchase Facility
BOE Monetary Policy Report
MPC Asset Purchase Facility Votes
MPC Official Bank Rate Votes
Monetary Policy Summary
Official Bank Rate
Goodluck...
Goodluck...
We have to wait for a convincing confirmation, like engulfing 4H candle, etc, to get into a long position which is more probable.
the second scenario will not be activated till the price breaks the intersection between green and red lines. in this case, we should wait for a pullback and prepare ourselves for a short position.
important news on GBP pairs is very effective. don get into any position before the news is published.
news:
Asset Purchase Facility
BOE Monetary Policy Report
MPC Asset Purchase Facility Votes
MPC Official Bank Rate Votes
Monetary Policy Summary
Official Bank Rate
Goodluck...
Goodluck...