bigwashing87

EURGPB has local downtrend. So lets try to catch some profit! ))

Short
bigwashing87 Updated   
FX:EURGBP   Euro / British Pound
I open sell position on EURGBP at 0.8784. SL 0.8813 because pair can go higher and make another higher extremum near 0.8800
TP1 - 0.8748 RiskRewardRatio - 1.3
TP2 - 0.8726 RiskRewardRatio - 2.0
TP3 - 0.8711 RiskRewardRatio - 2.5
Off course i will close profit position manually if i'll see somithing wrong.

If EURGBP going lower - you need to see EURUSD and GPBUSD pairs. At that time EURUSD may going down faster than GBPUSD.
Trade closed manually:
Closed to save profit. In real trading - SL was little far from price so i not catch SL and close TP1 at close big candle

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.