FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             (4H) TRANSACTION #3
Sell: (1.54228)
Stop: (1.5482) or market
TP: (1.5108) or market
Discription: Ok. I suppose that the wave (iv) completed to form the entire structure of a wave. If the assumption is true, it is expected to continue weakening GBP.
However, there is divergence STOCHRSI, and reduced SQZMOM.
P.S. sorry for my english
Previous transaction:
Transaction #1:
Sell: 1.5379
Stop: 1.5367
Profit / Loss (+19pi)
Transaction #2:
By: 1.5367
Stop: 1.54228
Profit / Loss (+55p)
Finally: I close my position on the market, the general idea here to see prices trade.
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