EURGBP sell setup

FX:EURGBP   Euro / British Pound
16857 84 315
Hi Guys, this sell looks like a good one, considering there is bigger correction in play on the daily and weekly chart.

Trade with care
Thank you for your support.
Comment: Good Morning Traders, I just woke up to a lot of crazy comments on the post. If any is going to quote me please do so accurately. Here is what i said."If you don't have a STRATEGY to trade breakout trades then DON'T TRADE."
If you ask where to enter don't trade it .
If you ask where is the strop don't trade it.
If you ask is it a break out don't trade it.
This all means you don't have a plan and no strategy so you are not ready to be a trader. You are not ready to take responsibility for your actions.
Win or lost, you should be ready to take responsibility because you should have done the necessary testing ands know that your strategy allows such .
My post is only giving you a sense of direction as yo where my analysis say it should go .
Comment: **if anyone** is going to
Comment: clarifying the corrective structure
Training : add to skype mangal457
This just got interesting...
Could you post an update please ?
gnar... looked at the "clarification chart" for 1+ minute asking myself am i dreaming or gone insane. then noticed that it is a 15min-timeframe-chart.... need a rest ;) have a nice day guys! thanks anil!
Thanks for your always useful updates. Just to clarify your comment on breakout: you are thinking of a breakout to the downside in that case?
anilmangal chartmaster
no , to the up side , since the pattern at the top already made 5 waves in it
+1 Reply
anilmangal chartmaster
Posted an update showing it , thanks for asking .
+1 Reply
chartmaster anilmangal
Thanks for that!
similar one here
+2 Reply
similar trading style but contrasting ideas
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