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Cherry94
Oct 23, 2019 1:43 AM

Breakout Short

Euro Fx/British PoundFXCM

Description

1)Breakout of the support area
2)Price held below the support-turned-resistance area for several days forming spinning tops and Doji candles.
3)News regarding the Brexit may accelerate the moves to either direction.

Trade closed manually

The price stays in the range for quite a while without signs of the move continuation in the expected direction. Closed giving up 1/2 of the risk.

Trade closed manually

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