 Trading Signals Manual

Trading Signal - 26 / 05 / 2017 - 10:00 (GMT +3)
Instrument: GBPUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1.2872

Change -0.45 %

Current 1.2872

52 Week High 1.4708

52 Week Low 1.1987

30 Days ATR 0.0043

40 Weeks ATR 0.0171

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

1.2840 1.2920 The TP1 has been reached. We closed 50% of our
60min
position and have moved the Stop loss at the lock SHORT 1.2920 1.2920
CHART
1.2800 1.2960 in profits level (1.2920). Provided the market
· Downwards
conditions will remain the same the TP2 will be Trade P. TP1 TP2
Next 3 Days Strong
· 1.2730 1.3020 reached soon.
Oversold 2 Medium 1.2890 1.2840

Position Entry SL

240min 1.2820 1.2970 A Medium probability, entry signal to go SHORT
CHART was given at 1.2880 after the market completed a SHORT 1.2880 1.2970
· 1.2720 1.3040 bearish trend reversal pattern. Only the upward
Downwards
Next 3 break of 1.2970 would cancel the bearish Trade P. TP1 TP2
Strong
Weeks
·
1.2580 1.3140 scenario.
Oversold 1 Medium 1.2820 1.2720

Position Entry SL

Daily 1.2800 1.3040
The market is testing support at 1.2800. We are
CHART BUY - -
waiting to see reversal signals in order to reinstate
· 1.2600 1.3610
Next 3 Upwards LONG positions. Next important support the
Trade P. TP1 TP2
Strong 1.2600 level.
Months 1.2300 1.4540
·
Neutral - - -

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investment research.

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