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darcsherry
May 10, 2022 12:40 PM

GBPCAD | New perspective Short

British Pound/Canadian DollarFXCM

Description

A visual representation of a line drawn over pivot highs reveals the prevailing direction of price action in the last 3 to 4 months; we want to be looking for opportunities to join the potential decline when it finally happens.

Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.

Trade active

Trade active

Trade active

Over 140pips running in profit (3 positions), we want to lock in some profit at this point

Comment

Over 350pips running in profit (3 positions), we want to lock in some profit or close trade at this point

Comments
Aicebaba
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