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saintz9
Nov 3, 2017 5:14 AM

overbought EURGBP short Short

Euro Fx/British PoundFXCM

Description

EURGBP tested and was rejected by the key level of 0.87500 I have
I think EG will go higher but it is way overbought at the moment and has just bounced off a daily trendline I have drawn
looking to short until around the 61.8 fibo level of the previous low to high leg.


Trade closed manually

closed the trade. I think euro has bullish potential this week. quick 40 pips off a retrace is good enough
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