EUR/GBP Aug 2018 (Bears can claw back in)
This will be my views of EUR/GBP (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Comment:
Updated View on EG (24 Aug)
It is going in our favor at this moment.
If you are already in the position, DO not add short. Let's it play out.
In order to be on our way again, the price has to break below 0,896 strongly first.
It is going in our favor at this moment.
If you are already in the position, DO not add short. Let's it play out.
In order to be on our way again, the price has to break below 0,896 strongly first.
Trade closed: stop reached:
It hit my SL>
I am out.
I am out.
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It is still in the early stage to call for the ultimate reversal.
So, I am looking into a small short and see how the chart go.
EP Short as long as the price below 0.902
SL 0.916
TP1. 0.8891
TP2 0.8840