Hi Traders,
there is nice opportunity on GBPUSD. New short momentum on the top of the trading range!
1. Long-time short trend.
2. Slow price action after the test of the high of this range.
3. Strong momentum into the range.
4. Nice potential for the profit.
First area to look at is the 1,25. Low of the strong UP bar.
I will let you know.
Paul
there is nice opportunity on GBPUSD. New short momentum on the top of the trading range!
1. Long-time short trend.
2. Slow price action after the test of the high of this range.
3. Strong momentum into the range.
4. Nice potential for the profit.
First area to look at is the 1,25. Low of the strong UP bar.
I will let you know.
Paul
Comment:
Moving SL to 1,283
Trade closed: stop reached:
Closed on the trailing SL.