ABBREVIATIONS
cs – Candle stick
PT – Position Trade
BF – B Failure
C786 – Counter 786
GBP/USD – HOURLY CHART
We are in a new AB downswing wth the A at 6320 and the B at 6146. We need to wait for a BF786 to buy, and a 618/786 to sell.
SHORT: Will be going short only IF:
We get up to the 618-6294/786-6284 areas, and thereafter get bearish cs formations.
LONG: Will be going long today only IF:
We get a bullish cs formation after hitting the BF786 -6161.
No comments:
Post a Comment