ALEX-Z

GBPUSD (4H) TRANSACTION #3

Short
FX:GBPUSD   British Pound / U.S. Dollar
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1
GBPUSD (4H) TRANSACTION #3
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Sell: (1.54228)
Stop: (1.5482) or market
TP: (1.5108) or market
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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
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Previous transaction:
==============February===============
Transaction #1: Sell: 1.5379
Stop: 1.5367
Profit / Loss (+19pi)
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Transaction #2: By: 1.5367
Stop: 1.54228
Profit / Loss (+55p)
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Finally: I close my position on the market, the general idea here to see prices trade.

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