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Johnny_Yu
Aug 21, 2016 1:43 PM

GBPUSD long reversal double bottom pattern Long

British Pound/U.S. DollarFXCM

Description

So far, the Pattern seems good. The long tail candle formed on the friday indicated buying pressure below 1.3025. I am planning to long it when it comes back to 1.3000, SL is around 1.2965.

selling pressure may come around 1.3325 as it is fresh to retest. We may choose to close partial position and move sl to be and let the profit run.

The profit margin is good.
Comments
Johnny_Yu
trade is running well.
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