EURGBP Short entry. Potential for 300-400 pip move
1D:
1W:
Some support to get through, but they're relatively weak. 1W & 1D charts support the overall move. Multiple pin bars at resistance. Potential to retrace and retest resistance before continuing move down. Recommend having a SL with room and use any retracement to potentially add to position IF it aligns with trading plan. I imagine I'll be actively trading this move over the next few weeks. See TP points below.
Currently I'm short at .79175.
1D with Potential TPs
Some support to get through, but they're relatively weak. 1W & 1D charts support the overall move. Multiple pin bars at resistance. Potential to retrace and retest resistance before continuing move down. Recommend having a SL with room and use any retracement to potentially add to position IF it aligns with trading plan. I imagine I'll be actively trading this move over the next few weeks. See TP points below.
Currently I'm short at .79175.
1D with Potential TPs
Trade closed: target reached:
Closed all positions at this time. Total 142.4 pips gained. Will consider reopening after pullback.
KEEPING SCORE: WIN
KEEPING SCORE: WIN
Comment:
