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RandomDane
Apr 11, 2017 4:57 PM

GBPUSD Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is forming a cypher pattern
Comments
pipinsight
There is also a pivot point at 1.25229 which i wouldnt be surprised if it touches first. I love that you've included the down trend line which no one else has! You can actually continue that uptrend to the high on the 23rd June 2016.
RandomDane
@ccsalway, I will take partial profits at the test of the trendline
pipinsight
@RandomDane, How much do you put on to take out partial profits? I imagine it would have to be large to benefit as opposed to just putting a stop loss.
RandomDane
@ccsalway, Becouse it is my first target. Here I take 30% of profits, and move stops to breakeven
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