trader_se
Short

EURGBP - HTF Trade - Short - 17 May 2019

FX:EURGBP   Euro / British Pound
Overview
EURGBP broke out of its range, broke the Supply zone (green area).
There is a nice confluence of a S/R line (blue line) and the 61.80% Fib level.

Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)

Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.

Thanks for reading!
- SE -
Trade active
Comment:
Comment: I like the reaction so far - also noticable the declining volume
Trade closed: target reached: Closed in profit - i dont like how the price is hovering under the resistance line

Might re-enter if get a cleaner break in marketstructure
Comment:
Comment: As more a level is tested as weaker it gets. From a fundamental basis Mays resignation might add to the strength
Comment:
Comment: Possible re-enter plan

I want to see price falling back under line and confirm it as resistance again
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