CT SHORT Short

EUR/GBPOANDA

Description

⋅ Feb 1, 2017 3:07 PM

Trend is Long and price is only retracing.

Short sellers
Any short trade will be a Counter-Trend which not worth the risk entering now.
A break lower than 0.84 and further break lower than 0.82 would encourage a further downward move.
When that happens, short the rally.

Longs are waiting for entry 0.84