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RikBruno94
Nov 15, 2018 8:02 AM

Key daily level holding resistance  Short

GBP/USDOANDA

Description

GU wicks have been crazy, but we cannot ignore the fact that it has failed to close the 4 hour candles above key daily level, that keeps my interest peaked for a short, now that brexit hype is over and DXY is hovering around support.

Targets are clearly marked, entry for a short at key daily level marked in red and stop loss is flexible for me. I would like to see a 4 hour candle close above the red block in order to close my short

Trade active



As expected, key daily resistance is the king, cant go against the higher time frame signal

Comment

Keep an eye on updates, pound is the new ponzi.... gotta milk this cow to make some lunch money

Trade closed: target reached



That was fast
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