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AdamHong
Nov 23, 2016 9:00 AM

GBPUSD:2618 Trade Long

British Pound/U.S. DollarFXCM

Description

The market has borken through the starting point of last drop and the double bottom formed.
Meanwhile the market is pulling back the the previous structure which is also the 0.618RET of the previous rise.
So it is good to buy at 1.236-1.238 levels when price action gives the signal in the PRZ.
SL:below 1.233
TP1:1.250
TP2:1.255 and further more

Trade active

Comment

Very nice,the market moves as expected.
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