Refering to to the indicators that i learned in seminar: The next movement of pair GBP/USD is :-
1)Today is uptrend & the price will move more than 50pips
2)This trend will be continue untill next week (the reason because 120 EMA still far from the 30 EMA to cross over. And the 7 bar rules also showing the bigining of uptrend; the uptrend just started & will be continue at least for the next 3 weeks)
So the position i should enter today is "buy ".
And i entry market today for 6 lots at 1,97240
I will exit at1,97440 (profit for 20pips) or USD120
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