Ice_

Trading the breakout on GBPUSD

FX:GBPUSD   Pound Sterling/U.S. Dollar
Both scenarios are plausible cases. If the USDOLLAR (US Dollar Index) breaks out above the resistance line it has been holding for some time, the trade will go all the way down. If the GBP show some strength and the dollar gets it's temporary weakness the upside is has a higher probability of happening...

Tight stops, 0.7% equity risk.
Trade closed: target reached: It didn't get enough strength, closing before final target.
Funny how it looks like it will breakout on the ~15th which is when there is a possibility of a rate hike.
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Ice_ asiansupermarket
A lot of charts are getting ready for a breakout on October 15~16ish. It's kinda nice from a technical analyst point of view.
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