TheBrokeTrader

Update on the EURGBP short idea

Short
FX:EURGBP   Euro / British Pound
As expected, price bounced off the level with an impulsive move.
The target has been revised to 61.8 - 76% retracement of the upward move.
Another entry here with a tight stop for a nicely skewed RR of 4.
Trade active: Moved stop to lock in some profits.
Trade closed: target reached: Home run.. 600 pips bagged

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