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HenrykPSmyth

Possible Downtrend Pullback

Short
Euro / British Pound (FX:EURGBP)  
HenrykPSmyth Updated   
FX:EURGBP   Euro / British Pound
Trend Analysis downtrend pullback
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trendanalysis downtrend pullback
We have a clear downtrend, price seems to be pulling back, we can expect a pullback in between the 61.8 and 50% Fib, if we have a clear price action confirmation we can go short. If there's no clear PA confirmation I wouldn't advice taking this trade!
Comment:
Price made a perfect pullback for all of those who managed to entry to this trade you may protect your trade, take profits, or take partials and wait to see if price reaches the 0.272 Fib as expected!

Enjoy your Pips!
Trade closed: target reached
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