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Aqua_Trader
Apr 18, 2018 5:07 PM

GBP/USD - BEARISH SHARK IN PLAY Short

British Pound/U.S. DollarFXCM

Description

The Harmonic Pattern has already be completed and already showing signs of good momentum which is why I will be considering jumping in all the way down to the 61.8%, which happens to have a nice confluence with a long term point of control

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Entries, targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.

Trade closed: target reached

Comments
hope.bleecker
Thank you for your post!
Aqua_Trader
@HOPE.bleecker, you're welcome!
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