KamalFX
Short

Potential short EURGBP trade

FX_IDC:EURGBP   Euro / British Pound
25 0 2
We have a situation here where a previous support line is now acting as a resistance line. Initially we witnessed a strong bullish trend followed by an indecision candle and then a bearish confirmation candle. I have executed a short trade and have set my 1st target around the 0.70450 level. If price reaches my 1st target I will close out half of my position, securing myself around 80 pips. I will then set my stop loss at break even and aim for another 40 pips.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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