dhoover

Case for keeping GBPUSD short

Short
FX:GBPUSD   British Pound / U.S. Dollar
0
We saw Sunday open with a gap below a key support level turned resistance. As the fall retraces, price action threw a doji on that level, and I am looking for the turn to continue to the downside.

The blue rays at 1.6096 and 1.5998 are where I have limit orders to withdraw 30% of my trade each (60% total), before reaching my TP at 1.59241.
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