EURGBP short is ahead

FX:EURGBP   Euro Fx/British Pound
6 months ago
Hi everyone,

Here we have a good chance to sell EURGBP             , this time more efficient.
It forms a divergency and ready to go lower after it takes another high.
Looks like all the stars says the same and here are our usual plans:

Plan A: So, as far as we can consider it is about to go lower and we can start sell after or during todays trades. As for me it's more efficient to sell after the trades.

Stop-loss: 0.87345
Take-profit: 0.83225
Profit ration: 2.30

Plan B: in the case we see that the price isn't ready to fall - we need to be ready if the divergency forms another high and it could be reasonable to close short.

For more ideas visit: mercuriusam.wordpress.com
6 months ago
Trade active: trades're open

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