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forexlye
Jan 14, 2020 2:31 AM

2020 Week 03 - Movement from 1.2960 to 1.3200 Long

British Pound/U.S. DollarFXCM

Description

Assuming price is going to stuck within the last down swing from 1.3500 to 1.2960. I am looking at some move from current support level to above 1.3100, probably testing near highs of 1.3200 within this week. If price breaks point D, then it's likely a resume of the downtrend.

Trade closed: stop reached

Looks like have to abandon idea. Look for the next or wait for more information
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