GBPUSD LONG DAILY Currency Strength setup

GBPUSD LONG DAILY Currency Strength setup

13 November 2016, 20:08
Bernhard Schweigert
3
89

DAILY setup with Currency Strength

(If you read the first time about Currency Strength trading please check tradingsystem here and here)

  • Using entry signal double-GAP when USD showed weakness.
  • GBP currency strength line was reversing earlier with reaction from Market Fibonacci -261 (special feature of indicator)
  • in agreement of currency direction USD trending down, GBP trending üp.
  • Entry was when Resistance has been broken.

Here example GBPUSD closed with 220 Pip.

CHART GBPUSD Daily

GBPUSD_Daily_trade_setup


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