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KurzRamon
Dec 8, 2022 8:25 AM

EURGBP SHORTΒ Short

Euro Fx/British PoundFXCM

Description

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After some good price action and changing Charachter we have a possible sell on EURGBP.

Asia Range filled yesterday and price dropped to create a new LL.
Waiting for the Price to come to our OB (Order Block) @ 0.86369 between 0.86424 and fill the small Imbalance under the OB.

Entry: 0.86369
SL: 0.86469 (10 Pips)
TP 1 is 3% which is the Asia low from Today (30 Pips)
TP2 is 7% which is the next Asia low which still has to be filled. (70 Pips)

What do you guys think about this Idea? Leave comment and a like!
Comments
InvestMate
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As for EUR/GBP, I expect the downward trend to continue in the coming days
KurzRamon
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@InvestMate, yes also looking for a Entry for a new sell
Fx_Trader_ViSa
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do let me know your view
KurzRamon
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@Fx_Trader_ViSa, looks great, also have a Asia Range that has to get filled at +-0.86700. So TP is perfect.
Fx_Trader_ViSa
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@KurzRamon, thanks mate.
JoeChampion
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Great!
KurzRamon
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@JoeChampion, Thanks!
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