British Pound (GBP/USD), Trading Plan

FX:GBPUSD   British Pound / U.S. Dollar
The price broke down flag
It's a Sell signal.

You can open Sell entry near 1.2640- 1.2650
Goal 1.2540
Comment: Price is still bearish
Comment: S/L you can set above 1.2670
Comment: wait where the 1-hour candle will close. If it will close under 1.2663 there will be reopen of sell
Comment: Price close under key level, you can reopen sell entry
Comment: GBP/USD hold sell position
S/L above 1.2675

Trade closed: stop reached
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Your VIP members okay? lol
Price raised to 1.2707 level. Still moving up so whats your idea now?
@mkhurams, close everything and take rest. The new year is coming.
@tooler619 If you don't want lose 80% of your account again, change your account leverage to 30 or 50.
@bforex, thanks will try to do that
Excellent short term analysis Yuriy. On the medium term it should go even lower, 1.22560 by our estimate:

it would be nice if its a sharp drop instead of zigzag
+1 Reply
lehlogonolo lehlogonolo
This trade still likely to drop Yuri? Considering closing off
@Awryc, yes i wrote about it
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