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
ملاحظة
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.

لقطة
تم فتح الصفقة
I opened Sell

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

لقطة
تم فتح الصفقة
Selling rally started
ملاحظة
40 pips done
ملاحظة
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: لقطة
1- hour chart: لقطة
ملاحظة
Close 30 % of positin to resuce risk
تم فتح الصفقة
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.

لقطة
ملاحظة
أغلقت الصفقة: تم الوصول لوقف الخسارة
ملاحظة
GBP/USD close above key level

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

لقطة
تم فتح الصفقة
Reopen Sell entry on GBP/USD

S/L: 1.2687
T/P: 1.2525
T/P: 1.2485
ملاحظة
The price is forming double high
It looks that Sell rally can start so soon
لقطة
ملاحظة
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)

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

I hold position till take profit.

you can close 20 - 30% of position to reduce risk.
ملاحظة
i still hold Sell position
تم إغلاق الصفقة يدويًا
Half of the position get 120 pips
2nd part close at breakeven
britishpoundChart PatternsEURUSDForexgujapaneseyenTrend AnalysisWave Analysis

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