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Moshbi
Feb 21, 2017 4:19 PM

GBPUSD - short setup Short

British Pound/U.S. DollarFXCM

Description

Hi traders, price for some time is moving in the triangle and i want entry short position on the upper border of the triangle, in this area is also entry price of garley pattern. Entry price is 1,24900 and sl and take profits are labelled in the chart. Let see if price will hit my entry level.

Trade active

Trade active

Trade closed: target reached

First target was reached, stop loss is moved on the entry price(break even)

Trade closed manually

second position reached break even
Comments
bewarali
Round of a applause to you!
Moshbi
@bewarali, thank you mate !
bewarali
@Moshbi, no problem
KyleHeiser
Hoping for that drop now
KyleHeiser
@KyleHeiser, Hoping it continues like you predict i have some low sells in place looking to pick up some profit

Thanks again
Moshbi
@KyleHeiser, It depends on your rules. If price hits my first take profit i will move my stop loss on my entry price
KyleHeiser
Looks great! I'm in shorts also
Moshbi
@KyleHeiser, Nice, let see what will happen
KyleHeiser
@Moshbi, looks like it's about to hit your entry
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