nirob76:
Yes it is time to buy. (Based on my indicators)
Hello friends,
After 8 months, GBP USD got an up trend. I like to play with long trade, because day candle is showing in February GBP crossed my favourite MA and still now its staying up. So, I think its a good time to buy GBP USD, And of course have to use SL for 100 Pips (Long time). What's your opinion? Am I in the right way?
Thanks Matija. Now lets see what will happen.
The Weekly chart is still in a downtrend, the current up move on the Daily chart may be short lived. We have seen similar up moves or retraces on the way down, this may be a repeat of those.
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Hello friends,
After 8 months, GBP USD got an up trend. I like to play with long trade, because day candle is showing in February GBP crossed my favourite MA and still now its staying up. So, I think its a good time to buy GBP USD, And of course have to use SL for 100 Pips (Long time). What's your opinion? Am I in the right way?