Bella's GBPUSD Trading Journal

[Bella.a]

Fib Analysis Hourly Charts.

Trend Following 55 Ema should contained this move ( resistance : 1.11139 )
we could see this move extending to 1.618 extension of Leg A-B
View attachment 22781

Elliot wave Analysis:

Current Rate : 1.10346

I am currently +50 Pips as i write this , according to my charts GBPUSD is currently progressing with targets of wave (iii) minutte started from 06.10.2022 , High 1.13828 and Target of 1.09481 which is 1.618 Projection of wave (i)-(ii) minutte. I am looking for my target to hit which is just above 1.618 lvl . 1.09740.

 

[Bella.a]

Current Rate : 1.10458

Cable's rebound from 1.10808 suggests that this was some kind of retracement in small time frame , i am still holding my trade executed early UK morning , currently +39 Pips as i write this and waiting for said target 1.09740

 

[Bella.a]

Current Rate : 1.10850

I can't believe this went up to re-test of R1 again . I am still holding short .. waiting for outcome.

 

[Bella.a]

sl is hit -28

 

[Bella.a]

Current Rate : 1.10674

Re-Selling GBPUSD with above Elliot wave Analysis
Short GBPUSD : 1.10718
S/L: 1.11024
T/P: 1.09711

 

[Bella.a]

Current Rate : 1.10674

Re-Selling GBPUSD with above Elliot wave Analysis
Short GBPUSD : 1.10718
S/L: 1.11024
T/P: 1.09711

Elliot wave Analysis:

I Updated my Analysis of Cable i labeled this up-move with wave (iv ) of minutte looking for wave (v ) down.

 

[Bella.a]

Current Rate : 1.10674

Re-Selling GBPUSD with above Elliot wave Analysis
Short GBPUSD : 1.10718
S/L: 1.11024
T/P: 1.09711

I adjusted my previous S/L and T/P

S/L to previous High wave (iv) : 1.11146
T/P : 1.09183 -> to capture wave (v) .

 

[Bella.a]

I made a last change to my sl : 1.11264

 

[Bella.a]

sl is hit -54 Pips