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Yuriy_Bishko
Oct 21, 2019 7:49 AM

GBPUSD can bounce from the Key Level! Short

British Pound/U.S. DollarFXCM

Description

It will be nice Sell entry after the price will make a false breakout of the Key Level 1.31731.
Potential profit will be in 3...5 times bigger than risk.

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Comments
UnknownUnicorn3717994
No i not belive in this chart for going 1.31 the GU because Brexit is not approved and Borsi Johnson say we have again work with Brexit i look now for one downtrend 140Pips and grow up after 31October this is what i think :D
Yuriy_Bishko
@erikdobra, thanks for sharing
Yuriy_Bishko
@erikdobra, i don't trade with news and Boris)
Yuriy_Bishko
@erikdobra, just key/mirror levels
Shanayamody
I see this as a nice short as well, after breaking the 1.317 - 1.318 levels, how long do you think this trade should be held for?
Yuriy_Bishko
@Shanayamody, hold 1:3 risk/reward ratio
Shanayamody
@Yuriy_Bishko, thank you! That was some great advice!
Yuriy_Bishko
@Shanayamody, it will be enough for staying in profit)
Yuriy_Bishko
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