KenWei

Clear Breakout! GBPUSD SHORT!

Short
KenWei Updated   
FX:GBPUSD   British Pound / U.S. Dollar
THIS IS THE MOMENT I HAVE BEEN WAITING FOR A LONG TIME! The price now break and close below the support + trend line!! CLEAR HUGE BREAKOUT! SHORTTTTT!

Previous trade: Hit 100 pips


Comment:
Alright guys, the magic begin, look like how the price touch my resistance line and jump down into sea.
Trade closed manually:
Close half lot position with 100 pips to secure. Rest of lot set to BE.
Comment:
Everybody asking me is GU still good to short, MY answer is No because the risk involved is high, it have drop 250 pips from top and it is probably the time for some pullback after breakout.
Trade closed: target reached:
the other half lot position reach target 200 pips! Very nice trade!!
Comment:
Total profit gain: 300pips
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.