FX:EURGBP   Euro / British Pound
Reasons for

-Firstly we have broken key trend line
-We have had an area of consolidation
-And now we are getting a impulse move to the downside
-We also broke constructive structure !
-So selling the impulse to the downside would be a good idea !
-Previous four hour candle was a engulfing that took out Almost a day worth of Price action !

-Altho this is a counter trend move i am trying to catch the start of a new trend which is risky but with a good Risk reward ! it is very worth taking the risk :)

-Also on the daily the previous daily candles was a bearish hammer

so hopefully we can break this low and then continue lower ! :)

Good luck everyone and have a good trading week :)

Keep good risk management 1% of account :)
Trade closed manually: This trade closed For break even
No gain or Loss
Did you take this one and get stopped out?
can i enter now ???
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out