The GBP/USD gapped down big this afternoon and those gaps usually get filled within a few days, if not hours, and seeing as that we have a nice proportioned 5 wave decline possibly complete, and a nice profit at the moment I'd like to close the position.
I closed the first have of the position at a 175 pip profit, and since my entry was at 1.5390 and my exit was at 1.5141, that makes a 249 pip profit on the second half of the position I just closed. Click here for the original trade setup.
PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.
No comments:
Post a Comment