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Hellena_Trade
Dec 17, 2023 1:09 PM

Hellena | GBP/USD (1H): Short to support area of 1.26186. Short

British Pound/U.S. DollarFXCM

Description

Dear Colleagues, in the coming week I suppose that the price will go down. Tentatively, I expect a correction in wave b, followed by a price decline to the support area of 1.26186 with the completion of wave c.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Comment

The price is almost to the target area. I think the price will reach the target of 1.26186 this week. You can close your short positions with a good profit or transfer the trade to breakeven.

Trade closed: target reached

Well done!
I close short positions early, because the price touched the edge of the support area twice. I hope someone made profit twice)
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