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PrimedGroup
Jan 22, 2020 4:53 AM

GBPUSD BUY: Bullish continuation Long

British Pound/U.S. DollarFXCM

Description

We are going long on GBPUSD based on a solid bullish continuation pattern.

These are our trade parameters. TP1 will be taken only if we see resistance at 100% of the price action move.

ENTRY 1.30392

TP #1 - 1.30835 ( pips 44 / RR+ 44.3 )
TP #2 - 1.31080 ( pips 68 / RR+ 3.36 )

SL - 1.30185 ( pips 21 )

PATTERN: Bullish continuation pattern with price finding base at 61.8% indicating a stronger bullish push MAY come

Trade closed: target reached

TP REACHED
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