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GekkoFX
Feb 12, 2018 10:55 AM
GBPUSD, H1, sell - resistance + pinbar + declining channel
Short
FX:GBPUSD
60
British Pound/U.S. Dollar
FXCM
Description
⋅
Feb 12, 2018 10:55 AM
Reason to trade:
Resistance stops price + bearish pinbar + declining channel
Stop Loss:
Setup will be active as long as current resistance stops the price (~1.38799)
Take Profit:
Possible take profit area is last low (~1.37758)
Parallel Channel
Support and Resistance
Candlestick Analysis
More