Technical Analysis of GBPUSD
Updated
It's been over a month since I opened my first sell position and it's still active.
My knowledge of technical analysis supports my idea and I think it will go south to the final destination around 1.20/1.19 (but not below 1.1780) sooner or later. But Trend is the boss and whatever it says is acceptable. By hitting SL I can admit I lost.
My knowledge of technical analysis supports my idea and I think it will go south to the final destination around 1.20/1.19 (but not below 1.1780) sooner or later. But Trend is the boss and whatever it says is acceptable. By hitting SL I can admit I lost.
Note
The third attempt to break 1.2590 failed. Let's see who shrink back: buyers or sellers?Note
TP changed to 1.25100 due to the potential of forming a new pattern.Trade closed manually
Closed manually at 1.2490
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