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xerxeschongxian26
Jun 16, 2016 5:27 AM

EURGBP BEARISH CYPHER Short

Euro Fx/British PoundFXCM

Description

BEARISH CYPHER PATTERN completed on the 4H and 1H time frames. Abstaining due to existing position on this pair. However, if a RSI DIVERGENCE occurs, may consider taking a small position to short this pair

Comment

17/06/2016

Did not enter trade due to commitments at work. However, trade played out as planned, RSI divergence formed and the pair moved lower, hitting TAKE PROFIT target

Comment

17/06/2016

CORRECTION, STOP LOSS was HIT! However pair still did move lower!
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