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[GBPUSD,12/12/2018] SELL at resistance level
British Pound / U.S. Dollar
Short
[GBPUSD,12/12/2018] SELL at resistance level
By zuoertai
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Updated
Dec 12, 2018
3
7
7
Dec 12, 2018
Entry: 1.26200-1.26580
TP: 1.24720
SL 1 (If short from 1.26200): 1.26580
SL 2 (If short from 1.26580): 1.27000
Riskier option: RSI and MACD formed bullish divergence. Risk takers may long and take profit at short entries.
Dec 12, 2018
Note
1.25500 seems to have strong resistance as upward momentum greatly decreased. Keep an eye on the price and may get ready to go short.
Dec 12, 2018
Trade active
Entered short position at 1.25303, TP 1.24000. See how this goes...
Dec 12, 2018
Trade closed manually
Dec 12, 2018
Note
Waiting for the good opportunity enter short at around 1.26100-1.26200
Dec 13, 2018
Trade active
Re-entered short position at 1.26320. TP 1.25055
Dec 13, 2018
Trade closed manually
Chart Patterns
GBPUSD
Technical Indicators
Trend Analysis
zuoertai
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