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DACapitalTrading
Jul 29, 2020 7:34 AM

EURGBP - SWING - 29. JULY. 2020 Short

Euro Fx/British PoundFXCM

Description

Welcome to our weekly trade setup ( EURGBP )!

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1 HOUR
Bearish break below main sr level.

4 HOUR
Price broke our area and retesting it right now.

DAILY
Overall strong waving market, expecting a push to the downside.

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FOREX SWING
SELL EURGBP
ENTRY LEVEL @ 0.90840
SL @ 0.91310
TP @ 0.90170
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN

Trade active

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Trade closed: target reached

Closed with +60 Pips (+0.65%)

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Comments
UnknownUnicorn7799336
very nice analysis,
here is another view
DACapitalTrading
@Adewuyi_fx, thanks for your analysis!
DACapitalTrading
@Adewuyi_fx, all the best
dc_analytics
your strategy is very good, what is your hit rate?
DACapitalTrading
@DataCryptoAnalytics, Thank you!
DACapitalTrading
@DataCryptoAnalytics, Around 70% depending on volatility
Invouni
Great trade...
I would have cannelled

DACapitalTrading
@Invouni1986, Theres way more behind our analysis but we try to keep it clean!
DACapitalTrading
@Invouni1986, good one
Invouni
@Invouni1986, correction channelled
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