JUST MY SIMPLE VIEW OF EURGBP FOR THOSE TRADING THIS PAIR. COMPLETION OF BEARISH PATTERN @ 161.8% (RED). ALSO TRENDLINE RESISTANCE AREA. WE TRADED THE WHITE BULLISH PATTERN A WHILE BACK FOR A GOOD PROFIT. AND NOW ITS TIME TO SHORT.
ALL THE BEST.
SORRY I COULD NOT FIND THE IDEA WHERE I INITIALLY PUBLISHED THE WHITE PATTERN LONG IDEA. MUST HAVE BEEN IN MY OTHER CURRENCY PAIRS' IDEA.
Comments
Andyle
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Book profit yet ???
PriceActionTrading
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Which pair are you talking about? my friend
Andyle
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E/G mate. I short at breakdown on 30m chart
PriceActionTrading
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I did not trade this. Haha. I traded short EN EA. Both of which has banked in more than 200 pips. I have shorted EA again @ 1.459 through a sell limit order. It was filled an hour ago :) already 70 pips in :). Right now this is the only active trade i have, banked in the rest and stopped out of my GBPNZD trade. I do not like to leave trades open over the weekend.
Andyle
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Kool. Well trade mate. Just had 70 pips from E/G and also bank in 200+ pips this week. Gonna close all position before FOMC. Thanks for all ur sharing although you were not in. Haha
PriceActionTrading
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Yes. i cannot be in all the trades haha due to correlation reason.
Andyle
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Look great. Double top with divergence. Thanks 4 sharing
PriceActionTrading
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Yes andyle. No problem. More importantly is the trendline holding. Good luck if you are trading this. I have shorted other EUR pairs. EN EA
Andyle
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EN has just got my SL. Waiting to jump back in :(
PriceActionTrading
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I jumped back right in after getting stopped out last night @ 1.5890. You could jump back in at 78.6 - 88.6%. Good shorting level. If prices goes above 100% then we are all doomed.
Just posted my comment at my idea but here it is.