DacresFx
Short

EURGBP - SHORT

FX:EURGBP   Euro / British Pound
144 3 1
Wait for 4H Candlestick to close underneath resistance level before proceeding
Breakout of the support and now retesting it as resistance.
Excellent opportunity if it holds.
It's a big bullish candle however, so lots of buyers. Maybe they were just shorts closing positions and now looking to add?
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DacresFx _VincentP_
Very good point it's more than possible but i suggest we just wait like you said for the candle to close and see if we can find some bearish evidence to the downside
Reply
_VincentP_ DacresFx
Looks like the large bullish candle wasn't just for show. On to the long :).
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