KPeykov
Short

GBP/USD Strong Resistance Area

FX:GBPUSD   British Pound / U.S. Dollar
98 6 0
Sell at 1.6300 area
Stop Loss 1.6700
Move to Break even at 1.6250
TP1 1.5265
TP2 1.4800
TP3 1.4260
Now, I will wait for a bearish candlestick formation on daily basis otherwise will go long to 1.6700.
Reply
Now what ?
Reply
If it goes to 1.6350 this will means that resistance is broken and trade invalidation. Then we should go long.
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krasimir peykov do you think it will go upside 1.6350
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Maybe till the end of the year.
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estimated time horizon for reaching TP1?
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