EURGBP 4H

Hi everyone

this is strategy for 4h chart short position:

price broke the trend line downward and moving below the ICHI cloud

it may test our ranged area before downward pressure.

targets are the same support levels on the chart.it may even test

our under line of the channel too.

closing above the 0.8522 resistant level make this strategy invalidate.

"always trade based on your affording loss and good management"


Enjoy the market

Trade closed: target reached:

hit the first target, but trade still active

Trade closed: target reached:

second target just hit less than 24 hours. you can close more than 75% of your position or set a trailing stop. the next target may test to hit under line of the channel again.

Enjoy the market

Trade active:

the third target is still in play

Trade closed: target reached:

All target hit already. and we closed short position .price test the under line of the channel and bounced upward as expected. we wait to see what's next for another position short or long need more confirmation.

Enjoy the market
Happy new year