GBP/USD 4hr Setup in The Daily Time Frame

[targus]

you can see the Rist line we need to brake.

ATRs up 6089 or 6121
Whats your resist line, I find it difficult to read your charts, T2W could with making them download bigger too, because I can't blow them up, unless its just me ofcourse.

Where do you think she's heading?

 

[targus]

ATRs up 6089 or 6121
Whats your resist line, I find it difficult to read your charts, T2W could with making them download bigger too, because I can't blow them up, unless its just me ofcourse.

Where do you think she's heading?

Nice bullish triangle.

 

[rolston]

15 Min support at 1.6029

30 Min at 1.6020

1hr min at 16002

 

[rolston]

look at your RSI support line on 1Hr

 

[targus]

look at your RSI support line on 1Hr

Yes, 1hr rsi oversold, yes. I pulled out early enough. I am waiting to jump back in.:clap:

 

[targus]

Rolston,
She may go back to the low at 1.5912. Tell me, do I wait for the rsi on the hour or for the rsi/csi on the 4hr and weekly?

 

[targus]

My adx on the hrly is going in the red also.

 

[targus]

Heading down to 5958 and then maybe 5928?

 

[targus]

pin bar on 15m t/f or long at 6000

 

[targus]

yep, she's going for it.

 

[targus]

When are going long again, rolston?

 

[rolston]

trading off the 1Hr here

 

[rolston]

1hr Rist at 1.6064

 

[rolston]

not to big stop

next support at 1.5943

 

[rolston]

need to hold on 1Hr support line RSI Here

 

[rolston]

still long play down to support

at 1.5943

 

[targus]

still long play down to support

at 1.5943

When you get there, would you be looking to long? I worry with shorts even in a little uptrend?

 

[rolston]

the closer you are to the support line on your entry
The smaller your stop behined the support line

 

[targus]

the closer you are to the support line on your entry
The smaller your stop behined the support line

:smart:
So when we enter long at support, what size s/l do you work on, 1hr t/f ?

 

[rolston]

profit Targets

15 Min at 1.600

30 Min at 1.6024

1hr at 1.6034

pulled back from 1hr Rist to 1hr support area

My target 1hr Rist, and brake to the upside