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Cybertron
Feb 13, 2019 4:05 PM

Head & Shoulder pattern in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Buy
Entry : 1.2855
Stop : 1.2820
TP1 : 1.294
TP2 : 1.305

Reasons:
1. Head & Shoulder
2. Bullish trend-line
3. The shoulder section is very close to the head and this is an ideal trade with a low stop loss

Trade active

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Trade closed: stop reached

Stop reached and now wait for pullback.

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Comment

Profit = -35 pips
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