GBPUSD-Weekly Market Analysis-Nov18,Wk1

This is a counter-trend trade setup. However, the risk to reward ratio isn't the best, at the 2nd target it does not produce 2 times of the reward to the initial risk.

Something for you to consider.

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Note

Target 1 reached

Note

Place Stops to entry on 2nd trade

Trade closed: target reached

Trade exit due to US Mid Term Election
Target1 +91pips
Target2 +202pips

Total 293pips

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RaynLim

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