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DACapitalTrading
May 29, 2018 9:02 AM

GBPUSD - SETUP - WEEKLY CONTINUATION - 29 MAY Short

British Pound/U.S. DollarFXCM

Description

WELCOME TO DACAPITAL TRADING!!


GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Bearish H4 break with over 80 Pips what a move, indicating strong bearish pressure lets ride this wave

DAILY
Overall price is melting day by day, nearly no bullish movement

WEEKLY
7 Weeks breaking lower and lower

LEVELS
SHORT @ 1.32337
SL @ 1.33330
TP1 @ 1.31295
TP2 @ 1.30824
TP3 @ 1.30316
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING

Trade active

Trade closed: stop reached

-100 Pips unlucky turn, fakeout.
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