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SeanC95

EUR/GBP SHORT

Short
Euro / British Pound (FX_IDC:EURGBP)  
SeanC95  
FX_IDC:EURGBP   Euro / British Pound
EUR GBP short shortposition SELL Head and Shoulders h&s retest profit
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eur gbp short shortposition sell headandshoulders h&s retest profit
PRO'S
- Recent head&shoulders pattern
- Retest of neckline after head&shoulders pattern (green line)
- recent retest and rejection of monthly trendline (red line)
- bearish MACD divergence
- Stoch RSI signally oversold on monthly chart

Trade fits my trading style to enter short. Targeting 0.74000 for roughly 4% profit, always risking 1%

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