EURGBP Complete Reversal Trade Idea

Short

Euro / British Pound (EIGHTCAP:EURGBP)

Updated

EIGHTCAP:EURGBP Euro / British Pound

I really like the setup of this trade so far. I'm confident in this trade because of the recently closed MMBM and a MSS to signal a trend change confirmation from bullish to bearish. You can play this trade however you want, but personally I'm going for a 1:2 risk-to-reward but at 1:1 I'm taking some profits and moving my SL to BE.

Comment:

Moved my entry price a bit lower.

Order cancelled:

I'm going to cancel the trade here because the price did not pull back to our entry as I expected but already ran all the way to our TP. Looks like the train left without us LOL.

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