I think British pound can continue down move
Near 1.2925 is a good place to open sell with low risk
- The middle-term trend is down
- Price broke down a key level
- 1-hour candle close under it.
Near 1.2925 is a good place to open sell with low risk
- The middle-term trend is down
- Price broke down a key level
- 1-hour candle close under it.
Trade active
Trade active
Price moved down 30 pips from the entry pointNote
Price made 2nd fake brokeIt is a good signal that the currency rate will continue down move.
Note
50 pips down doneTrade closed: target reached
Price hit T/PNote
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Related publications
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.