Chart of the moment $GBPUSD 27-Oct-2009

by Gav 2009-10-27T20:47:37Z

To me, the Cable buying during last session did not change the trend. Instead, I thought there might another opportunity for SHORTs? This is a text book pattern. Nothing fancy, let's see how it works out. If the the breakout of the pattern realized, I am revising the downside target to around 1.6-ish, still in the zone support zone as mentioned in my last post.

What do you think?

Here is the .... CHART!

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Trader Gav — Trackback2009-10-27 14:20:11 UTC
@davidpotts101 Mate, what do you think about this? http://bit.ly/4z1CyG
Trader Gav — Trackback2009-10-27 20:49:32 UTC
Chart of the moment $GBPUSD 27-Oct-2009 http://bit.ly/1rcfqt - Bear Flag forming?
John Adams — Trackback2009-10-27 21:13:38 UTC
Chart of the moment $GBPUSD 27-Oct-2009: To me, the Cable buying during last session did not change the trend. .. http://bit.ly/1ptqfX
Forex Candlesticks — Trackback2009-10-27 22:45:30 UTC
Chart of the moment $GBPUSD 27-Oct-2009 | Gav's trading blog: Chart of the moment $GBPUSD 27-Oct-2009. Post.. http://bit.ly/7RyUl
Tweets that mention Chart of the moment $GBPUSD 27-Oct-2009 | Gav's trading blog -- Topsy.com — Pingback2009-10-28 06:44:58 UTC
[...] This post was mentioned on Twitter by Trader Gav and Trader Gav, B.M. Davis. B.M. Davis said: Chart of the moment $GBPUSD 27-Oct-2009 | Gav's trading blog: Chart of the moment $GBPUSD 27-Oct-2009. Post.. http://bit.ly/7RyUl [...]

Chart of the moment $GBPUSD 27-Oct-2009

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