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JWolfrex
Oct 2, 2021 7:58 AM

GU 1.34 Short

British Pound/U.S. DollarFXCM

Description

Check out my last GU what I said: ''Dear traders, I think this would be a nice buy opportunity. It's reacting on my level and I think it could be a bearish move, but first It has to back to that key level around 1.38000/1.38200. That's where I will entry a sell to go even more Bearish and break the level where it is now. This trade would be to easy so I think it will take more liquidity first and then it will pull back to the 1.38 level and it will take all the stop losses.''

I didn't reached the 1.38, but I took a huge win with this sell.
Entry price: 1.37100
Stop loss: 1.37600

  • TP: 1.34000 (I took the trade out by hand 1.34252)

    Right now I still think the target is 1.34000 there will be a lot of liquidity. So hopefully Monday it will show me that it will go to the 1.34000 and give me some profit.

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