DLavrov

GBPUSD Short Opportunity

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FX:GBPUSD   英鎊 / 美元
Price reverses from the kumo and RSI confirms it. We can have a down movement and it's time to place sell-stop orders. Entry level for short trades should be below 1.27000 with stop above 1.27600 level. Profit target is at the support level. DMI indicator shows range market conditions and we should not expect for strong price movements. That's why using trailing-stop orders can be a good variant for better exit.

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