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Trader-Mick
Jan 29, 2016 12:04 PM

Eurgbp Long Setup Long

Euro Fx/British PoundFXCM

Description

Hey traders! After the correction we have a breakout after the impulse leg, Now forming another impulse. Take profit near to bearish Gartley completion.

Trade active

Comments
youngchino530
thumbs up good call !
lets hope for some good profits here
theforexportal
I'm SHORT this market from .7628. You can draw a very sweet descending trend line across the tops on H4 and price has recently been rejected at .7649. H1 200 sma is now also containing the price. This pair has been very resilient to any moves by BEARS so its never a done deal but I believe we're headed to .7481 WS1 support.
Trader-Mick
Fingers crossed! :) lets see
Robenbianof
good !
Bone-Collector-444
It seems EURGBP will drop to the 0.74000 region
theforexportal
First target hit. Taking some off here at .7543. Should see a pullback here but it may be short lived. A break of .7543 opens a move down to .7470 (area)
King_arman91
is this correction? or short trade now?
theforexportal
I'm still SHORT from .7628. The H1 200 sma is now heading increasingly down and the price is being held below it. .7543 is my first target (WS1 and Monthly Pivot) where we will see a bounce but I believe this will be weak. .7460 is my medium range target and .7240 (area) below that.
Trader-Mick
Good luck :)
Trader-Mick
Still long play!
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