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Fxprotrader
Mar 28, 2017 2:05 PM

GBPUSD: Going Short From Key Resistance Level Short

British Pound/U.S. DollarFXCM

Description

The quartile of the median line has acted so many times a support before price breaching below it and drop to the lower parallel. The price is now testing the same parallel which now acts as resistance. Selling GBPUSD from the current level with sl and tp as shown at the chart is what i am planning to do..!

Trade closed: target reached

Comments
chimpsky
great trade.
Yakir
Good job
Thanks
Fxprotrader
@Yakir, You are welcome..!
Lionheart-EWA
great stuff
Fxprotrader
@Libeloo24, Thank you :)
Romie01
Where is going from here 1.24590? back up??
thegeorgeand
Great analysis.
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