GBP/USD, Sell.

已更新
GBP/USD open Sell near 1.2650 - 1.2660

Reasons:

- Daily trend is down
- key level
- Price made a fake broke of it

Also, as I promised once before After 100 like I will write, when is the best to open a position with (Stop loss and Take profit points)

S/L: 1.2680
T/P: 1.2525
T/P: 1.2485
注释
The main reason why i opened sell it is the price made fake broke of the powerful daily level.

Risk 25 pips. Potential profit in 5 - 10 times bigger.

快照
交易开始
I opened Sell

USE proper risk management Less than 2% of capital/ per position. Because everything can happen - it is trading
注释
If the price will break down 1.2651 and M30 will close under it. That will start the powerful down move.

快照
交易开始
Selling rally started
注释
40 pips done
注释
Daily candle closed under key level 1.2662 it is a great signal that the price can make that power down move.

you Still can ope sell entry near 1.2640 - 1.2650

S/L: 1.2680
T/P: 1.2525
T/P: 1.2485

Daily chart: 快照
1- hour chart: 快照
注释
Close 30 % of positin to resuce risk
交易开始
The best place to open Sell is now because the risk is 30 pips only.

IF you didn't open Sell you can do it NOW.

快照
注释
交易结束:到达止损
注释
GBP/USD close above key level

Intrader traders you can open buy with low risk.
注释
If 12 hours candle will close under key level i will reopen Sell entry

快照
交易开始
Reopen Sell entry on GBP/USD

S/L: 1.2687
T/P: 1.2525
T/P: 1.2485
注释
The price is forming double high
It looks that Sell rally can start so soon
快照
注释
If 1-hour candle will break the upward line and H1 will close under there will be big potential for a Middle - term down move (200 -300 pips)

快照
注释
The price moved down 80 pips from the entry point. Hold it till Take profit.
注释
100 pips done

I hold position till take profit.

you can close 20 - 30% of position to reduce risk.
注释
i still hold Sell position
交易手动结束
Half of the position get 120 pips
2nd part close at breakeven
britishpoundChart PatternsEURUSDForexgujapaneseyenTrend AnalysisWave Analysis

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