Technician

EURGBP: Long-legged doji at Resistance #forex

Short
FX:EURGBP   Euro / British Pound
23
Simply stated i am looking to short a bit higher on one more retest towards 0.7287 resisance level.
The price was rejected at that resistance, formed a long legged doji candle. RSI in overbought region while over all trend is bearish.

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Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game
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Technician
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