IvanLabrie
Short

EURGBP: short entry after today's close

FX:EURGBP   Euro Fx/British Pound
305 14 18
This is a continuation of the previous EURGBP             chart, seems like a good time to enter.
Message is simple, downtrend until the 24th of March at the very least.
Invalidation level above the last daily bar (horizontal lines).
Trade closed: target reached
Back on track? Drop baby drop!
+1 Reply
When do you start learning Gann Fan :-)
+1 Reply
IvanLabrie PRO jangseohee
Just a way of getting some 45º angles and fib time there...not something I use or depend on. I did learn a bit about it, but not much literature on the subject.
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IvanLabrie PRO IvanLabrie
snapshot
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IvanLabrie PRO IvanLabrie
No good news but no bad news either from gov Carney today...
Potential hurdles in the way of the decline ahead:

snapshot
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3 days, no new low...we might have established an important low here.
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Bro, Yacine changed his profile name to Yaka :-)
EURGBP - Trade - Buy 20% 0.7250 stop 0.7040
+1 Reply
IvanLabrie PRO jangseohee
Yeah, noticed...and definitely an interesting low!
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Target almost hit...we're near.
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Looking at it the other way round
snapshot
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Starting to trail stops under the 3 day high might be a good idea, maybe cover half.
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Funnily enough this one's a short again, same entry.
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Target can be 0.7126 or lower.
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IvanLabrie PRO IvanLabrie
I changed my bias to bullish for this last leg.
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