piphunters
Short

EURGBP: Sell breakout

FX:EURGBP   Euro Fx/British Pound
1142 7 50
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 www.thepiphunter.com and subscribe.
If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
URIFX
3 months ago
Thank piphunters! Do you wait for consolidation before selling?
Reply
piphunters URIFX
3 months ago
yes should wait for the confirmation before any entry.
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RickyPips piphunters
3 months ago
What do you use as confirmation?
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epsion22
3 months ago
what are the target take profits?
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piphunters epsion22
3 months ago
try 0.85
Reply
epsion22 piphunters
3 months ago
cashed in at .85, good call!
Reply
piphunters epsion22
3 months ago
nice
Reply
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