YongLiang
Short

EUR/GBP SHORT DAY CHART

OANDA:EURGBP   Euro / British Pound
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Potential Short Setup for EUR/GBP

If the bearish bar break Support Level at 0.868x, higher chance it will continue bearish to reach next Support line at 0.853x
R/R: 2.06
Zoom into H4 or H1 chart to look for short opportunity

Trade with Risk Management.
Trade active: Short EUR/GBP at 0.86564
SL: 0.88331
TP: 0.83520
Trade active: EUR/GBP continue bearish trend. Current price at 0.85592 (18-NOV-2016)

Moving our SL to 0.87615 to minimize the potential risk. And, lets it ride on the trend.
Alternatively, you can choose to take profit of 93 pips now.

Trade safely and have a nice day :)
Trade active: Moving SL to 0.87079.
Trade closed manually: Closed the trade at 0.86196 due to sudden bullish bar appeared in H4 chart.
Profit of 31 pips.
We treated it as discretionary exit.

We will keep looking at another right timing to entry the short trade again.
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