mrleh

*Update* EURGBP downtrend, indecision candlestick to blame

Short
mrleh Updated   
FX:EURGBP   Euro / British Pound
In EURGBP, we are still holding the sell position in 200+ pips. Currently, price broke a key area and now pulled back towards that key area and if we can get the daily closure below the key area, we'll still continue holding the sell. Trust the analysis and hold. Let's goooooo

Original analysis:

EURGBP forming an indecision candlestick on the daily chart at the two-year high, very very good confirmation for the sell long term. We'll enter sell positions if price holds it's own.

EURGBP SELL
Start: 0.92900
Stop loss: 0.93400
Take profit: 0.90000


Trade closed: target reached:
Hit +200 pip profit break stop loss

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.