MoolahMaker

EURGBP - Day Trade

Short
MoolahMaker Updated   
FX:EURGBP   Euro / British Pound
EUR/GBP failing to move up higher. We can expect a drop down on top of the 1H 200 EMA.

Not the best trade, but the odds are there. Keep an eye on it and enter when you have enough confirmation that it's going to go for the short.

Risk a very minimal amount on this trade as it's neither highly probable and only a 1:1 Risk:Reward ratio.

The move is not yet confirmed, but I'm putting this out there.

Trade safe.
Comment:
If prices are not able to push down, then simply buy and put your TP at the place of the SL and SL at the place of TP or higher. Wait for confirmation to do so.
Comment:
LONG position opened.
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