piphunters
Short

EURGBP: Sell breakout

FX:EURGBP   Euro Fx/British Pound
1146 7 51
The pair seems to have topped short term and correction is due now, a break out of the smaller degree correction shown in the chart to the downside can be an opportunity to short the pair in the short term.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
what are the target take profits?
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piphunters epsion22
try 0.85
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epsion22 piphunters
cashed in at .85, good call!
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piphunters epsion22
nice
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Thank piphunters! Do you wait for consolidation before selling?
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yes should wait for the confirmation before any entry.
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RickyPips piphunters
What do you use as confirmation?
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