Here is a shorter time frame shot of my long term Cable trade (GBP/USD). Thought I would share this 15min time view so you can see an easy set up in my opinion* down to 1.30 support lines.
Obviously we have plenty of room to go either side for now, but the trend analysis and patterns on my side seem to indicate again in my opinion that now is a good spot to short from and hold for a good few thousand pips. I suggest a really tight stop (in relative size to the profit target) and to thank me later ;) As always this is not investment advice, this is my trade, my funds, my idea and opinion.
Happy hunting to all. Much love
MysticCrypto
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1500 pips taken rather easily. Sold for profit and now waiting for re entry for Short - 1.30500 - 1.31 optimum range to re-up on her. Damn that felt GOOOOOOD!
XOXO MysticCrypto
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Waiting for re-entry
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Back in again - another 2000 pips please at least Sterling Get down!