tntsunrise
Short

EURGBP 2ND ATTEMPT BREAK UP FAILURE

FX:EURGBP   Euro Fx/British Pound
2214 21 64
SHORT EURGBP            
BASED ON 2ND ATTEMPT FAILURE
0.7946 is the area that EURGBP             tried
twice but failed to break up.

A pin bar formed and tells us very strong
resistance at that level
RSI also shows divergence
SL: 0.7960
TP1: 0.7840
TP2: 0.7780
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PangBlood
8 months ago
Thanks Jack
+1 Reply
FxTaurus
8 months ago
Thank you Boss.
+1 Reply
seavniv
8 months ago
thanks you :)
Reply
Marvin
8 months ago
Glad you thnk so. I'm short. Cheers Jack.
Reply
Marvin
8 months ago
Maybe a .618 trade coming up pn lower TF.
Reply
emad486
8 months ago
Ok start sell .7918
Reply
Wendel1
8 months ago
Thanks for sharing Jack
Reply
forexmech
8 months ago
Nice Pinbar. Thanks for this setup
Reply
emad486
8 months ago
still short
Reply
forexmech
8 months ago
SL could be hit on this one.
Reply
Equal PRO
8 months ago
SL. I guess we shoudnt enter any trade before nfp.
Reply
tntsunrise TOP Equal
8 months ago
yes . you can wait for the NFP. however, if you agree with the trade plan. you can still trade, because we have stop loss to protect big loss
+1 Reply
emad486
8 months ago
pleae updat the stop wil lhit soon
Reply
Marvin
8 months ago
But Jack your stop @ .7960 has been hit, no?
Reply
tntsunrise TOP Marvin
8 months ago
yeah. already hit. so exit trade first
Reply
emad486
8 months ago
stop loss hit
Reply
BvdA emad486
8 months ago
Entry now? 8000? (:
Reply
Mk5 BvdA
8 months ago
Don't fight a trend
Reply
tntsunrise TOP BvdA
8 months ago
no. it already makes a higher high. i dun see any bearish sign yet
+1 Reply
emad486
8 months ago
Can enter ell now 8018
Reply
baraq.adnan
8 months ago
Potential Short Setup
Reply
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