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Sumo_Trade
Oct 12, 2019 1:12 PM

CHANNEL X SUPPLY DEMAND Short

British Pound/U.S. DollarFXCM

Description

Price broke our supply zone after boris-varakdar meeting.
Now it is on our upper resistance line of our channel.
Projection would be, price will go down a bit then continue to rally until it is outside our extremes of the channel.

A safe bet with good risk-reward ratio would be to enter at our supply zone.

Always trade with a good risk-reward ratio and a stop loss because the big boys don't give shit.

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