DikotoMandengue

EUR/GBP SHORT - 4H scalp SELL - Bearish divergence

Short
FX:EURGBP   Euro / British Pound
EUR/GBP,

Talking points,

Technicals:
Overbought with 4H bearish Divergence


Fundamentals:

Eurozone - ECB publiceert verslag monetaire beleidsvergadering 22-11-2018

Sentimental:


NOVEMBER 21
May to Brussels,
UK prime minister Theresa May travels to the EU capital on Wednesday to negotiate the final touches to the UK’s exit package with Jean-Claude Juncker, president of the European Commission.

Britain will in effect remain a voteless EU member during the transition, continuing to make payments to Brussels of some €10bn-€15bn a year and accepting the free movement of EU nationals. So the prospect of extending the transition beyond its scheduled end of December 31 2020 will not be welcomed by many Brexiters.
Trade active: Theresa May just spoke. The sentiment is getting bullish for the sterling. May says the UK will get control over there laws, borders and money.
Comment:
Waiting for the triangle working out
Comment: Maybe the pullback we talk about MyrullZedd
Trade active: Pullback taken 40 pips in profit
Trade closed manually: took my profit at 0.88220

Comments

close the trade.
Reply
@Caiphas, we might have a new oppertunity, im going for a sell with a trailing stop good risk reward of 4.0
Reply
Take some profits and put SL in profit
Reply
MyrullZedd DikotoMandengue
@DikotoMandengue, I'm kinda late on short party xD is it still valid to go short on next week?
Reply
@MyrullZedd, i should wait for a pullback, so you can get a better risk / reward. I dont like to chase trades. I will post something when i see a nice oppertunity.
Reply
MyrullZedd DikotoMandengue
@DikotoMandengue, Yes, better not chase trades at all as it will lose more capital, all right, will see on the pullback to see new opportunity to go short. thanks for the advice and further ideas :)
Reply
@MyrullZedd, you are welcome bro, let’s get this money ;)
Reply
@MyrullZedd, look at the comments bro, this is the right moment for trade. i prefer the short side with low risk and a traling stop.
Reply
MyrullZedd DikotoMandengue
@DikotoMandengue, ouh man, thanks for notify me :) great setup on sell. I've setup my sell limit @ 0.888523 (somewhat touches yesterday high)
Reply
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