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GBPUSD short term sell

Atualizado

Potential for a lot more upside on cable but there may be a retracement first. Swift volatility expected today at ECB announcement (12:45 UK time).

Trade ativo

Move stops to BE. Watch for a bounce off trendline. Potential to add to this trade if it breaks and forms a flag below.

Nota

Potential to add to this trade now valid. Await an uptrend correction similar to the one that opened this trade and await a break to the downside. Once opened, stops should be above the trendline beginning 15/09.

Nota

+340 pips! Flag now forming. Sell the break. The downtrend will likely continue to test the low of this chart (1.2866).

Trade fechado manualmente

Closed at 12290 due to price action now looking bullish. Over 1000 pips profit.

judderod

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