Kishore
Short

EURGBP DESCENDING CHANNEL!!!

FX:EURGBP   Euro / British Pound
983 12 45
MARKET ANALYSIS: The pair is now trading inside a descending channel and we have hit the resistance now we can expect a new low to the next possible support level . So lets wait and see what the market does in the coming days. Cheers!
Trade closed: target reached:
snapshot
Thanks Kishore for the setup
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Very good analysis. If one is careful to find out and avoid entry in fake out. he would have got very good profit. Excellent technical analysis by Mr. Kishore.
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Thanks for a great trade idea. I entered short on retest and made over 80 pips of profit.
+1 Reply
Kishore fxsingh
@fxsingh, Happy it helped you. Have a good day. Cheers!
+1 Reply
@Kishore, nice one mate!
+1 Reply
Kishore Alex.Singletary
@Alex.Singletary, Thanks buddy!
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think it could start rising ?
+1 Reply
Kishore DominicMoore
@DominicMoore, Well i don't think so for now. Since it broke the support. Will update the idea soon. CHeers!
Reply
Just catch good pip with this setup.
+1 Reply
Kishore aneeloo
@aneeloo, Great buddy. Cheers!
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