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Fxprotrader
Dec 7, 2017 9:19 AM

GBPUSD: Buy Opportunity Long

British Pound/U.S. DollarFXCM

Description

Support at the downsloping median line set has stepped up after price broke above the median line acting as resistance. It is now testing the lower parallel of the blue upsloping pitchfork where previously found support. Going long at the current level is a nice idea.

Entry: 1.33790
Stop-loss: 1.33560
Take profit: 1.34263

In case price reaches the first target we move sl at breakeven at second position.

Trade active

Trade closed: target reached

Move sl to breakeven

Comment

2nd trade was stopped at breakeven
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