TRADE TYPE: SCALP
With
GBPUSD
seeming to stall its recent upward moving moment @ around 1.42800 and since then failing to see much of an attempt to the upside we are speculating to see this pair range today or start to break-down. Coming off the highs of the London session if we see price action break below this short-term shelf of support @ around 1.42150 we can enter short down to the lows @ around 1.41800 with a stop just below the highs @ around 1.42450
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With
GBPUSD
seeming to stall its recent upward moving moment @ around 1.42800 and since then failing to see much of an attempt to the upside we are speculating to see this pair range today or start to break-down. Coming off the highs of the London session if we see price action break below this short-term shelf of support @ around 1.42150 we can enter short down to the lows @ around 1.41800 with a stop just below the highs @ around 1.42450 Here at Unique4xPro we pride ourselves in being the World's first "Virtual Forex Trading Floor" where we will turn ANYONE that trades with us into a profitable for FREE! That's right... for FREE! All you need to do is to fund your own trading account.
If you want to join our trading team check out www.Unique4xPro.com
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
Tune in to our daily live market reviews @ 4:30 PM EST on Periscope @ Unique4xPro
Trade active:
We just got filled. Trade initiated!
Comment:
We may not get down to the 1.41800 target as there is a wedge forming on the hourly. Therefore the low of the wedge will be higher than the low of the day @ 1.41800... We will monitor price action when we get down there and update this trade is we close manually early.
Trade closed manually:
Closed this trade out manually down around 1.41915 as its having trouble break down. Good trade!