FedericoSellitti

EURGBP trading the rejection on the down-channel

Short
OANDA:EURGBP   Euro / British Pound
EURGBP getting again in the upper part of the down-channel, giving us another opportunity to plan our short position.
There is a bearish engulfing pattern right on the top of the channel, so we can enter right now and play with a very good risk to reward ratio.
Trade active:
Trade still active with the price within the channel. Small profit so far, we wait for a stronger action.
Trade closed manually:
Trade closed manually at entry point. Just a small profit, removing part of the position when in profit.

Find out more at www.itstradingtime.com/
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