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ajujohn
Jun 8, 2016 4:31 PM

EURGBP Short

Euro Fx/British PoundFXCM

Description

Sell on Break Out on 1 Hr Flag for the 270 Target
Comments
StephaneBoiron
Maybe wait for the rally to get to 0.8000? MACD is still convergent and calls for a little bit more upside.

There is a Cypher on daily which might complete in that area. I might wait and short then?

The pattern from 2012/2013 repeats itself here it seems before going back down (AB=CD rally with an additional rally before going bearish again).
I'm a very new trader, would love some thoughts on this.
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