AbdullahDjendel

EUR GBP - Short Flashcard

Short
FX:EURGBP   Euro / British Pound
EUR GBP - Short Flashcard
- Pair presented with double top formation off of 200 ema (which later became triple)
- First leg came in with a sharkfin off of the 200 ema and RSI cross under signal line
- Second leg came in with RSI cross under market base line (yellow) and market baseline flattened out after bullish movement
- TP @ RSI cross above signal line
- Trade will be closed before the next day starts to avoid swap and weird market opens
- 3rd bounce off of 200 ema gave a nice RR track entry with top side pin
- Second leg divergence was very strong
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