GBPUSD: Sell the breakout Short

British Pound/U.S. DollarFXCM

Description

⋅ Feb 21, 2017 8:16 PM

Hi traders,

On the GBPUSD I'm looking to sell the breakout of the lowest trendline. The target is around 1.22300.
Wait for the breakout before entering.

Cheers!

Comment

⋅ Feb 23, 2017 7:04 AM

Lets see if we can break

Comment

⋅ Feb 25, 2017 4:04 PM

Still waiting

Trade closed: target reached

⋅ Mar 5, 2017 12:25 PM

Comments

ridafad52

⋅ Feb 23, 2017 7:32 AM

it's been 15 days ranging between 1.24x-1.25x
i like to go down or up breakout this range

11021992

⋅ Feb 23, 2017 10:59 PM

@ridafad52, Looks like it wanted to go up :)

Rayge

⋅ Feb 23, 2017 7:21 AM

i am in at 1.243 with small stop

11021992

⋅ Feb 23, 2017 7:29 AM

@Rayge, Good luck, mister!

iSummer

⋅ Feb 21, 2017 8:20 PM

I agree.. but could you enlighten me with your reasoning please?

11021992

⋅ Feb 21, 2017 8:22 PM

@iSummer, Same as the USDJPY breakout from yesterday :P This chart should tell you all you need. If it doesn't let me know in PM!