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Norsefx
Apr 17, 2018 11:57 PM

GBP/USD Double top with daily rejection. Short

British Pound/U.S. DollarFXCM

Description

The pair has showed rejection at a daily resistance point from the high created in late January of 2018.
Daily chart has tried to break above and has failed, showing signs of a pending correction to the downside.

Showing 2 potential trade outcomes on where i look to take profit, if the idea follows trough to the downside.

Trade active

Moving stoploss to breakeven.

Trade closed: target reached

Comments
marcelocarnauba
Great!
TranscendalFX
Savage trade
Aqua_Trader
agree
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